SME Times is powered by   
Search News
Just in:   • Trump cancels US delegation to Davos forum due to shutdown  • Big relief to startups, investors as govt liberalises norms  • RIL Q3 net profit at Rs 10,251 cr up 9%  • Industry urges RBI to cut rates, address MSME concerns  • Himachal clears industrial proposals of Rs 1,047 cr 
Last updated: 14 Sep, 2018  

India.Growth.9.Thmb.jpg States not to be penalised for doing well: Finance Commission

India.Growth.9.jpg
   Top Stories
» Big relief to startups, investors as govt liberalises norms
» Industry urges RBI to cut rates, address MSME concerns
» Report points at risk of fiscal slippage
» Need to remove barriers to information accessing: Naidu
» FICCI, MSME ministry to hold buyer-seller meets
SME Times News Bureau | 14 Sep, 2018
The 15th Finance Commission on Thursday said that no state will be penalised for doing well on the demographic and economic front.

"The north versus south debate is misleading as many other states are also expressing similar apprehensions like southern states. It will be the endeavour of the 15th Finance Commission not to penalise states doing well on the demographic as well as the economic front," the Commission said on Twitter.

Several south Indian states have expressed the apprehension that the use of 2011 population data as parameter instead of the 1971 census would punish progressive states like Tamil Nadu which have achieved success in population control through their own efforts.

The Finance Commission on Thursday also held deliberations with legal experts on the issue of cess and surcharges levied by the central government and their implications.

"All states till now have raised the issue that it adversely impacts divisible pool and their concerns need careful consideration," it said.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 18 Jan, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» HostBooks Ltd. offers a seamless GST filling experience: Kapil Rana(3)
» Ashok Leyland to launch 13-seater passenger vehicle, LCV(1)
» CII welcomes GST Council steps as MSME friendly(1)
» Hyperloop start-up Arrivo to shut down: Report(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter