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NEW DELHI: For decades, India’s fiscal federal system has had one core element that stood out: poorer states would be supported so that growth could be shared.The 16th Finance Commission has not broken that promise on paper. States will still receive 41 percent of the divisible pool of central taxes. But beneath that headline number,…
Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission has recommended retaining states’ share in the divisible pool of central taxes at 41 per cent, while pitching for outcome-based spending, greater transparency in tax devolution data and stronger fiscal discipline at the state level. The panel said there is…
Arvind Panagariya, chairman of the 16th Finance Commission (PTI file photo) Arvind Panagariya, chairman of the 16th Finance Commission, spoke to TOI after submitting the panel’s report. He speaks on a range of issues from growth prospects for the economy to reforms that need to be pushed. Excerpts:How do you see India’s growth prospects in…
NOIDA: A 21-year-old woman, identified as Shalu from Muzaffarnagar, allegedly died after jumping from the 16th floor of a residential building in Greater Noida on Friday evening, police said. The incident occurred around 7:20pm at Migsun Twin Society, where she was staying with four friends, Surajpur Kotwali in-charge Vinod Kumar added.“At the time of the…
NEW DELHI: The 16th Finance Commission, headed by economist Arvind Panagariya submitted its report to President Droupadi Murmu on Monday, setting the stage for rolling out recommendations of the panel from April 1 next year.The report will be available in the public domain once it is tabled in Parliament by finance minister Nirmala Sitharaman on…
Once Zara proved the model worked, Ortega didn’t stop. He expanded Inditex to include brands like Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and even Zara Home. Each brand had its own identity, but all shared the same principles: customer-first thinking, speed, and efficiency. By keeping production close to home and controlling every step of the…
DEHRADUN: In what is being termed an unprecedented series of recusals, another judge has decided to withdraw from a case involving Uttarakhand-cadre Indian Forest Service officer Sanjiv Chaturvedi. Justice Alok Verma of the Uttarakhand high court became the 16th judge to recuse from Chaturvedi’s case, and the second one within a fortnight. Verma’s recusal order,…
Tyson Fury’s daughter Venezuela Fury gets engaged to young boxer Noah Price at her 16th birthday party (Image via DailyMail) Venezuela Fury, daughter of boxing star Tyson Fury and Paris Fury, is now engaged. The 16-year-old said yes to her boyfriend, boxer Noah Price, on Friday night, September 26, 2025. The proposal happened during her…
