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Out of the total income obtained from certain central taxes and duties, 29% should go to the states. This is known as the 'Alternative Scheme of
Devolution' and came into effect retrospectively from April 1,
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The proceeds from the ‘penalties’ and ‘interest recovered’ under the miscellaneous receipts should be included in to the divisible
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would not be determined on the grounds used for state share but it would be decided on the basis of
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Asset monetisation and financial health of the
Central Public Sector Enterprises (CPSEs)
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The commission dropped the collection factor as the criterion for distribution
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Initially 15th commission was set up for the period from 2020-25, but due to
168:"Members of the previous Finance Commissions : Tenth Finance Commission"
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The distribution of the net proceeds among states would be as follows:-
276:
195:
Centre State
Financial Relations in India and Finance Commission
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105:
solely. The percentage would be 0.927% for the years 1995–2000.
20:
of India was incorporated in the year 1992 consisting of Shri
212:
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The share of the net proceeds would be 77.5% for five years.
84:, Member Secretary (in place of M.C. Gupta) on 1 March 1994
70:, Member Secretary, relinquished charge on 31 January 1994
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7th
Central Pay Commission (CPC) and Defence Forces
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1159:, the commission's term was set from 2021 to 2026.
77:, In place of Dr. C. Rangarajan on 14 October 1993
215:. New Delhi, India: Fourteenth Finance Commission
438:Efficient monitoring of the capital expenditure
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1004:
420:Disinvestment of Public Sector Units in India
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379:Central Board of Indirect Taxes and Customs
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197:. New Delhi, India: Anmol Publications.
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132:20% on the basis of population of 1971
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32:The members of the commission were:
144:5% on basis of infrastructure index
1195:. You can help Knowledge (XXG) by
14:
93:The commission recommended that:
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170:. Fourteenth Finance Commission
397:Pradhan Mantri Jan Dhan Yojana
120:with effect from 1 April 1995.
63:, resigned on 21 December 1992
1:
1247:1995 establishments in India
356:Sixth Central Pay Commission
193:Sansar Singh Janjua (1999).
141:5% on basis of area adjusted
135:60% on basis of distance of
1242:Finance Commission of India
1020:Finance Commission of India
282:Ministry of Finance (India)
1268:
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213:"Finance Commission India"
147:10% on basis of tax effort
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882:Krishnamurthy Subramanian
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18:Tenth Finance Commission
1187:This article about the
660:Vishwanath Pratap Singh
645:Hemwati Nandan Bahuguna
630:Chidambaram Subramaniam
585:R. K. Shanmukham Chetty
116:pool as recommended by
415:Disinvestment in India
887:V. Anantha Nageswaran
374:Income Tax Department
600:T. T. Krishnamachari
489:Subhash Chandra Garg
38:Krishna Chandra Pant
22:Krishna Chandra Pant
900:Finance Commissions
732:Ministers of State
615:Sachindra Chaudhuri
518:Ajay Bhushan Pandey
308:Economic Division:
877:Arvind Subramanian
741:Nirmala Sitharaman
720:Nirmala Sitharaman
625:Yashwantrao Chavan
389:Financial Services
187:Further References
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1157:COVID-19 pandemic
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756:Pon Radhakrishnan
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635:Hirubhai M. Patel
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494:Atanu Chakraborty
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322:Budget Division:
137:per capita income
99:Union Territories
97:The share of the
24:as the chairman.
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1197:expanding it
1189:law of India
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867:Kaushik Basu
852:Rakesh Mohan
812:VK Ramaswamy
746:Jayant Sinha
715:Piyush Goyal
710:Arun Jaitley
705:I. K. Gujral
670:N. D. Tiwari
665:Rajiv Gandhi
640:Charan Singh
547:Ashok Lavasa
324:Union budget
238:India portal
217:. Retrieved
194:
172:. Retrieved
162:
92:
47:, Member of
31:
17:
15:
1137:(2026–2031)
1131:(2021–2026)
1125:(2015–2020)
1119:(2010–2015)
1113:(2005–2010)
1107:(2000–2005)
1090:(1995–2000)
1084:(1989–1995)
1078:(1984–1989)
1072:(1979–1984)
1066:(1974–1979)
1060:(1969–1974)
1054:(1966–1969)
1042:(1957–1962)
1036:(1952–1957)
890:(incumbent)
837:Nitin Desai
832:Bimal Jalan
817:Ashok Mitra
777:(incumbent)
769:(incumbent)
734:for Finance
723:(incumbent)
590:John Mathai
565:(incumbent)
562:Rajiv Kumar
526:(incumbent)
497:(incumbent)
465:Secretaries
338:Expenditure
289:Departments
1236:Categories
1048:(1962–196)
827:RM Honavar
797:JJ Anjaria
204:8126102233
154:References
114:income tax
103:population
82:Arun Sinha
68:M.C. Gupta
49:Parliament
40:, Chairman
1098:2000–2050
1027:1950–2000
807:IG Patel
802:IG Patel
789:Advisor
535:Finance
506:Revenue
366:Revenue
219:22 July
174:22 July
28:Members
201:
1191:is a
407:DIPAM
109:1996.
80:Shri
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66:Shri
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221:2017
199:ISBN
176:2017
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43:Dr.
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908:1st
430:DPE
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