<h1>Fifteenth Finance Commission Begins Work, Plans Extensive Consultations with Governments and Experts to Fulfill Mandate.</h1> The Fifteenth Finance Commission, established on November 27, 2017, held its inaugural meeting in New Delhi under the leadership of its Chairman. The meeting involved discussions on the Commission's Terms of Reference, as outlined by the President of India. The Commission plans to engage in extensive consultations with stakeholders, including Union and State Governments, local bodies, and political parties. It aims to incorporate insights from research organizations and experts to address its mandate effectively. The Commission also decided to set up its office at Jawahar Vyapar Bhawan in New Delhi.