News for 'twelfth-finance-commission'

'Fiscal deficit higher than 6% of GDP? Imprudent'

In an interview with Business Standard's Sapna Dogra Singh and John Samuel Raja D, C Rangarajan says there are some encouraging signs in the economy, but the real recovery will come only in 2010-11.

C Rangarajan cleared for Rajya Sabha

Low tax mop-up to be compensated

12 states better deficit projections

Panel for relook into decentralisation

The Finance Commission on Monday suggested a re-look into the issue of decentralisation in view of the lack of transfer of resources to local bodies, but said the exercise should not "rob" the autonomy of local governments.

Canada's fiscal model may be adopted

Early introduction of VAT mooted

The Twelfth Finance Commission chairman C Rangarajan said on Tuesday that he was in favour of an early implementation of the value added tax regime.

States' debt swap mooted

Reward performing states: Rangarajan

Tsunami fallout: Surcharge stays

Rs 26,000 cr debt relief to states

The Centre will take a hit of Rs 26,000 crore (Rs 260 billion) in 2005-06 by implementing the twelfth finance commission's proposal of a higher share of central taxes, grant and debt relief to states.

Rs 54,560 cr lost in tax sops

Finance panel term extended

The government on Tuesday extended the term of Twelfth Finance Commission by five months till December 31 this year.

States may grow at 12% till '10

States may get non-tax revenue pie

Rangarajan for finance panel to be made permanent

Panel warns govt to rein in fiscal deficit

The Twelfth Finance Commission on Monday warned that rising fiscal deficit of the Centre and the states at over 10 per cent of GDP in 2002-03 may have an "adverse" impact on debt, developmental expenditure and growth.\n\n\n\n

Finance Commission report ready

The Twelfth Finance Commission is ready with its report and has sought time from the President to submit the recommendations, its chairman C Rangarajan said on Saturday.