Arthanomics Vittarth

15th Finance Commission Report

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The Finance Commission is a Constitutionally mandated body that is set up under Article 280 of the Constitution, its core responsibility is to evaluate the state of finances of the Union and State Governments, recommend the sharing of taxes between them, lay down the principles determining the distribution of these taxes among States.

This week Arthanomics post presents the key highlights of the 15th Finance Commission Report which will enable you to gain a comprehensive understanding of the report.

Credits: Able Chandy, Sakshi goyal, Siddharth Mishra

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