Wednesday, January 9, 2013

Fourteenth Finance Commission Constituted

  • Article 280
  • Chairman
    Dr. Y.V.Reddy
    (former Governor Reserve Bank of India)
  • Report for a period of five years from 1st April, 2015
  • Recommendations 
    • the sharing of Union taxes, 
    • principles governing Grants-in-aid to States and 
    • transfer of resources to local bodies. 

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