Page 2 - Fifteenth Finance Commission

GST system redesign neither desirable nor feasible, say tax experts

Experts want the GST Council to prepare a detailed road map for the next two-three years to provide an environment of tax certainty for businesses

FY20 gross tax revenue likely to fall short by around Rs 2 trillion

FinMin is said to have shared assessment with 15th FC

Improve revenue buoyancy, Finance Commission chairman asks states

GST collection has significantly slowed down in recent months, making it difficult for the Centre to hand out compensation to states

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Resources for other UTs are allotted from the central government's coffers

Risk to federalism

Finance Commission should not carve out a separate fund

There is a degree of uncertainty over GST collections of states: N K Singh

Arup Roychoudhury and Indivjal Dhasmana talk to NK Singh, Chairman of Fifteenth Finance Commission about its report which will be submitted in less than 5 months

GST Council, Finance Commission need terms of engagement: N K Singh

There should be clear terms on how the GST Council and the Finance Commission will work together, said N K Singh, chairman of the Fifteenth Finance Commission.

15th Finance panel could set tailored fiscal roadmaps for states

The recommendations of the FFC will be applicable from the financial year 2020 to 2025

Finance commission road map

This year, the Fifteenth Finance Commission will be constituted