Extension of the term of Fifteenth Finance Commission

Fifteenth Finance Commission (Cabinet) WHAT The Union Cabinet has approved the extension of the term of Fifteenth Finance Commission up to 30th November 2019. It will enable the Commission to examine various estimates for financial projections in view of reforms for the period 2020-2025. The Commission was to submit its report on the basis of its Terms of Reference (ToR) by 30th October 2019 covering a period of five years commencing from 1st April 2020.…

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