Search results
Results from the WOW.Com Content Network
The Finance Commissions ( IAST: Vitta Āyoga) are commissions periodically constituted by the President of India under Article 280 of the Indian Constitution to define the financial relations between the central government of India and the individual state governments. The First Commission was established in 1951 under The Finance Commission ...
Fourteenth Finance Commission. The Fourteenth Finance Commission of India was a finance commission constituted on 2 January 2013. The commission's chairman was former Reserve Bank of India governor Y. V. Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle, and AN Jha. The recommendations of the commission entered ...
upsc.gov.in www .upsconline .nic .in The Civil Services Examination ( CSE ) is a national competitive examination in India conducted by the Union Public Service Commission for recruitment to higher Civil Services of the Government of India , including the Indian Administrative Service , Indian Foreign Service , and Indian Police Service .
The Union Public Service Commission ( UPSC; ISO: Saṅgh Lok Sevā Āyog) is a constitutional body of India that conducts direct recruitment of officers to the All India Services and the Central Civil Services (Group A and B) through examinations and appoints officers in various Services under the Government of India. [1]
The Twelfth Finance Commission of India was appointed on 1 November 2002 to make recommendations on the distribution of net proceeds of sharable taxes between union and states. The commission was headed by veteran economist of India, C. Rangarajan. The commission submitted its report on 30 November 2004 and covered the period from 2005-10.
The Fifteenth Finance Commission ( XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing 2020-04-01. The commission's chairman is Nand Kishore Singh, a senior member of the Bharatiya Janata Party (BJP) since ...
The major recommendations of the Commission were: The share of states in the net proceeds of the shareable Central taxes should be 32%. This is 1.5 percentage-points higher than the recommendation of the 12th Commission. Revenue deficit to be progressively reduced and eliminated, followed by revenue surplus by 2013–2014.
The finance secretary (pronounced [vit̪t̪ə səcivə]) is the administrative head of the Ministry of Finance. This post is held by senior IAS officer of the rank of Secretary to Government of India. T. V. Somanathan is the incumbent Finance Secretary. Under Section 22, of Reserve Bank of India Act, 1934, Finance Secretary signs the 1-rupee note.