Dr. Y. V. Reddy
The Fourteenth Finance Commission (FC-XIV) was constituted by the President under Article 280 of the Constitution on 2 January 2013 to make recommendations for the period 2015- 20. Dr. Y. V. Reddy was appointed the Chairman of the Commission.
Who is the chairman of the First Finance Commission?
Shri K.C. Neogy
Ans. The First Finance Commission was constituted vide Presidential Order dated 22.11. 1951 under the chairmanship of Shri K.C. Neogy on 6th April, 1952.
Who appoints the Finance Commission?
the President
The Finance Commission has a chairman and four members appointed by the President. The government of India provides necessary support and manpower including a secretary to the commission to facilitate its work.
Who is the president of 15th Finance Commission?
Nand Kishore Singh
The commission’s chairman is Nand Kishore Singh, with its full-time members being Ajay Narayan Jha, Ashok Lahiri and Anoop Singh. In addition, the commission also has a part-time member in Ramesh Chand.
Which is the current finance commission?
The Fifteenth Finance Commission (XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing 2020-04-01.
What does Article 275 say?
1507 Article 275 provides for the pay- ment of such sums as Parliament may by law provide as grants-in aid to such States as Parliament may determine to be in need of assistance.
WHO removes finance commission?
President appoints this every five years or earlier if necessary. It a quasi judicial body under Article 280. Recommendations of the finance commission are not binding.
Who are the members of the Finance Commission?
The commission’s chairman is Nand Kishore Singh, with its full-time members being Ajay Narayan Jha, Ashok Lahiri and Anoop Singh. In addition, the commission also has a part-time member in Ramesh Chand. Shaktikanta Das served as a member of the commission from November 2017 to December 2018.
Who is the head of the Finance Commission in India?
The Finance Commissions (IAST: Vitta Āyoga) are commissions periodically constituted by the President of India under Article 280 of the Indian Constitution to define the financial relations between the central government of India and the individual state governments.
Who is the chairman of 15th Finance Commission?
The 15th Finance Commission was constituted by the President of India in November 2017, under the chairmanship of NK Singh, a former member of the Planning Commission. This Commission is expected to submit its report by October 2019.
Who is the New York City Department of Finance Commissioner?
In this role, Commissioner Jiha is responsible for leading an agency that collects more than $40 billion annually in revenue for the city and assesses over 1.1 million properties with a total combined value of $1.3 trillion. Dr. Jiha also serves as interim chair and CEO of the New York City Taxi and Limousine Commission.
