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        News and Press Release

        Economic Advisory Council of the 15th Finance Commission to meet Tomorrow

        September 3, 2020

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        The Chairman Shri N K Singh and the Members of Fifteenth Finance Commission will hold a day long meeting with the Economic Advisory Council of the Commission tomorrow.

        The meeting is for a “Final discussion on GDP growth, tax buoyancy of the Centre and the States, GST compensation, revenue deficit grant and fiscal consolidation."

        The following members of the Economic Advisory Council are likely to attend tomorrow’s meeting:

        Pinaki Chakraborty, Dr. Prachi Mishra, Dr. Omkar Goswami, Dr. Sajjid Z Chenoy, Shri Neelkanth Mishra, Dr. Rathin Roy, Dr. D. K. Srivastava, Dr. Arvind Virmani, Dr. M. Govinda Rao, Dr. Sudipto Mundle, Dr. Shankar Acharya, Dr. Pronab Sen, Dr. Krishnamurthy Subramanian.

        Fiscal consolidation and revenue transfers refined after final advisory discussion on GDP, tax buoyancy, GST compensation and grants. The Fifteenth Finance Commission convened a day long meeting with its Economic Advisory Council for a final discussion on GDP growth projections, tax buoyancy of the Centre and the States, GST compensation, revenue deficit grant design and fiscal consolidation strategies, chaired by the Commission Chairman and attended by named Economic Advisory Council members to refine analytical inputs on revenue dynamics and intergovernmental fiscal transfers.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Fiscal consolidation and revenue transfers refined after final advisory discussion on GDP, tax buoyancy, GST compensation and grants.

                                The Fifteenth Finance Commission convened a day long meeting with its Economic Advisory Council for a final discussion on GDP growth projections, tax buoyancy of the Centre and the States, GST compensation, revenue deficit grant design and fiscal consolidation strategies, chaired by the Commission Chairman and attended by named Economic Advisory Council members to refine analytical inputs on revenue dynamics and intergovernmental fiscal transfers.





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                                ActsIncome Tax
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