https://www.taxtmi.com/news?id=15768 Allocation of funds to rural local bodies follows the Fourteenth Finance Commission's recommended distribution: an aggregate grant envelope with a per capita reference and allocation to panchayats. Distribution to individual gram panchayats should use the most recently approved State Finance Commission formula; if no SFC formula exists, allocation must use 2011 population weighted 90% and area weighted 10%. en-us Sat, 27 Feb 2016 11:25:16 +0530 Sat, 27 Feb 2016 11:25:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15768 Allocation of funds to rural local bodies follows the Fourteenth Finance Commission's recommended distribution: an aggregate grant envelope with a per capita reference and allocation to panchayats. Distribution to individual gram panchayats should use the most recently approved State Finance Commission formula; if no SFC formula exists, allocation must use 2011 population weighted 90% and area weighted 10%. News - Sat, 27 Feb 2016 11:25:16 +0530 https://www.taxtmi.com/news?id=15768