The 15th Finance Commission was constituted on November 27, 2017. It is headed by former Revenue Secretary and former Rajya Sabha MP N.K. Singh. The Commission is slated to submit its recommendations by October 30th, 2019.
The recommendations, to be observed for a period of five years, will kick in from April 1, 2020 to March 31, 2025.
Terms of Reference and the matters that shall be taken into consideration by the 15th Commission in making the recommendations are:
Read complete Terms of Reference here
Some of the recommendations of 15th Finance Commission are:
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