TNPSC Thervupettagam

Puducherry included in the 15th Finance Commission

October 16 , 2017 2356 days 1077 0
  • The Centre has included Puducherry under the terms and reference of the 15th Finance Commission on the devolution of tax revenue between the Union and the States.
  • The Union Territories were kept out of the ambit of the Finance Commission so far but now the Centre has decided to treat Puducherry on par with other States for devolution of funds.
  • This inclusion would help the Union Territory get 42% of the budgetary allocation.

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