https://www.taxtmi.com/notifications?id=122809 Constitution of the Finance Commission under Article 280 to recommend allocation of net tax proceeds between the Union and States, principles and sums for grants in aid from the Consolidated Fund of India, and measures to augment State Consolidated Funds for local bodies. The Commission will review Union and State fiscal positions and propose a fiscal consolidation roadmap, consider resource demands and GST impacts, may propose performance based incentives for States, review disaster financing, and must provide state wise estimates and the basis for its findings in a five year report. en-us Mon, 27 Nov 2017 00:00:00 +0530 Tue, 30 Jul 2019 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=122809 Constitution of the Finance Commission under Article 280 to recommend allocation of net tax proceeds between the Union and States, principles and sums for grants in aid from the Consolidated Fund of India, and measures to augment State Consolidated Funds for local bodies. The Commission will review Union and State fiscal positions and propose a fiscal consolidation roadmap, consider resource demands and GST impacts, may propose performance based incentives for States, review disaster financing, and must provide state wise estimates and the basis for its findings in a five year report. Notifications Indian Laws Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=122809