New Delhi [India], February 5 (ANI): The Department of Expenditure has released monthly post devolution revenue deficit (PDRD) grant of Rs 6,195 crore to the states.
New Delhi [India], February 1 (ANI): In order to maintain predictability and stability of resources, especially during the pandemic, the report of 15th Finance Commission (FC) on Monday recommended maintaining the vertical devolution at 41 per cent, the same as in its report for 2020-21.
Glasgow [UK], December 10 (ANI): As the Indian Union Territory of Jammu and Kashmir successfully completed phase five of District Development Council elections that no doubt are a landmark achievement of the BJP government regarding devolution of power in the former state, people of Pakistan
New Delhi [India], October 29 (ANI): The monthly account of the central government up to the month of September 2020 has been consolidated and reports published.
New Delhi [India], Septemeber 11 (ANI): The Centre has released Rs 6,195.08 crore to 14 states as the sixth equated monthly instalment of the Post Devolution Revenue Deficit Grant (PDRDG) on Friday as recommended by the 15th Finance Commission.
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
New Delhi [India], July 8 (ANI): The Central government on Wednesday released Rs 6,195.08 crore to 14 states as the fourth equated monthly instalment of the Post Devolution Revenue Deficit Grant (PDRDG) as recommended by 15th Finance Commission.
New Delhi [India], May 12 (ANI): The government on Monday released Rs 6,195.08 crore to 14 states as the second equated monthly instalment of the Post Devolution Revenue Deficit Grant as recommended by the Finance Commission.
New Delhi [India], Feb 13 (ANI): The 6th meeting of Advisory Council to the 15th Finance Commission was held here on Thursday to seek views of participants on the formula for horizontal devolution of central taxes and discuss the outlook for nominal GDP growth from 2021-22 to 2025-26, tax bu