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The Tenth Finance Commission
The Tenth Finance Commission of India was incorporated in the year 1992 consisting of Shri Krishna Chandra Pant as the chairman. Members The members of the commission were: * Shri Krishna Chandra Pant, Chairman * Dr. Debi Prasad Pal, Member of Parliament * Shri B.P.R. Vithal * Dr. C. Rangarajan, resigned on 21 December 1992 * Shri M.C. Gupta, Member Secretary, relinquished charge on 31 January 1994 * Shri Manu R. Shroff, In place of Dr. C. Rangarajan on 14 October 1993 * Shri Arun Sinha, Member Secretary (in place of M.C. Gupta) on 1 March 1994 Recommendations The commission recommended that: * The share of the Union Territories would not be determined on the grounds used for state share but it would be decided on the basis of population solely. The percentage would be 0.927% for the years 1995–2000. * Out of the total income obtained from certain central taxes and duties, 29% should go to the states. This is known as the 'Alternative Scheme of Devolution' and came into ef ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Krishna Chandra Pant
Krishna Chandra Pant (10 August 1931 – 15 November 2012) was an Indian Member of Parliament for 26 years and was the prime minister's interlocutor on Kashmir. He was a cabinet minister in the Government of India and held several constitutional positions over a period of 37 years. Pant had held the positions of Minister for Defence, Minister of state for Home Affairs, Minister of Steel and Heavy Engineering, Finance, Atomic Energy and Science and Technology. He was the first chairman of the Advisory Board on Energy, chairman of the 10th Finance Commission and the deputy chairman of the Planning Commission of India, the economic planning body of India; his Vision 2020 document was published as ''India's Development Scenario, Next Decade and Beyond''. Early life and family Krishna Chandra Pant (K.C. Pant), informally known as ''"Raja"'' was born to the freedom fighter Govind Ballabh Pant and Smt. Kalawati Pant on 10 August 1931 in Bhowali – Kumaon region of the Himalayas, Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debi Prasad Pal
Debi Prasad Pal (1 November 1927 – 14 May 2021) was a Senior Advocate practicing in the Supreme Court of India and High Courts of India. He was a former Minister of State for Finance, a former Judge of Calcutta High Court and a three-time former Member of Parliament (MP) in Lok Sabha. Early life and education Debi Prasad Pal was born in 1927 in Kolkata. His father was noted scholar and educationist Aswini Kumar Pal and mother was Sarala Bala Pal. He did his bachelor's studies in Presidency College and got his M.A. degree from Calcutta University. He was awarded the prestigious Doctor of Letters (D.Litt.) degree soon after that for his outstanding contribution to English literature. He got his Doctor of Laws (LL.D.) degree in 1961 for his seminal work. He stood first throughout his academic career. He is the son-in-law of Justice Radhabinod Pal, who was an International Judge. Legal career Dr. Pal started practicing in the Calcutta High Court in 1959. He was thereafter appoin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of India
The Parliament of India (International Alphabet of Sanskrit Transliteration, IAST: ) is the supreme legislative body of the Republic of India. It is a bicameralism, bicameral legislature composed of the president of India and two houses: the Rajya Sabha (Council of States) and the Lok Sabha (House of the People). The president in his role as head of the legislature has full powers to summon and prorogue either house of Parliament or to dissolve the Lok Sabha. The president can exercise these powers only upon the advice of the prime minister of India, prime minister and his Union Council of Ministers. Those elected or nominated (by the president) to either house of Parliament are referred to as member of Parliament (India), members of Parliament (MPs). The member of Parliament, Lok Sabha, members of parliament of the Lok Sabha are direct election, directly elected by the Indian public voting in single-member districts and the member of Parliament, Rajya Sabha, members of parliam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manu R
Manu may refer to: Geography *Manú Province, a province of Peru, in the Madre de Dios Region **Manú National Park, Peru **Manú River, in southeastern Peru *Manu River (Tripura), which originates in India and flows into Bangladesh *Manu Temple, a summit in the Grand Canyon, United States *Manu, Tripura, a village in Tripura, India *Manu, a village in Topliţa Commune, Hunedoara County, Romania *Manu, a village in Tâmna Commune, Mehedinţi County, Romania *Moku Manu, an island in the Hawaiian islands As a given name Actors *Manu Bennett (born 1969), New Zealand actor, best known as "Crixus" on the television series ''Spartacus: Blood and Sand'' *Manu Intiraymi (born 1978), American actor, best known as "Icheb" on the television series ''Star Trek: Voyager'' *Manu Narayan (born 1973), American actor, and lead singer of the band DARUNAM *Manu Payet (born 1975), French actor, comedian, radio and television presenter *Manu Rishi (born 1971), Indian actor *Manu Tupou (1935–2004), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arun Sinha
Arun may refer to: People * Arun (given name), including a list of people with that name * Ila Arun, Indian actress * Priya Arun (born 1967), Indian actress * Bharat Arun (born 1962), Indian Test cricketer Places * Arun, Badakhshan, Afghanistan * Arun (England), a region of southeasthern England ** Arun District, West Sussex, England * Arun Banner, an administrative division (banner) of Inner Mongolia, China * Arun, Sumatra, a vassal state, now in Indonesia * Arun gas field, Sumatra, Indonesia * Aran va Bidgol ('Aran and Bidgol'), Isfahan Province, Iran **Aran va Bidgol County * Arun rural municipality, Nepal * Wat Arun, a temple in Bangkok, Thailand Rivers and canals * Arun River, China–Nepal * River Arun, in West Sussex, England * Wey and Arun Canal, in the south east of England Other uses * Aruṇa, a god in Hinduism * ''Arun''-class lifeboat * , two ships of the Royal Navy See also * * * Aaron (other) * Arran (other) * Aruna (other) * Arruns ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Population
Population typically refers to the number of people in a single area, whether it be a city or town, region, country, continent, or the world. Governments typically quantify the size of the resident population within their jurisdiction using a census, a process of collecting, analysing, compiling, and publishing data regarding a population. Perspectives of various disciplines Social sciences In sociology and population geography, population refers to a group of human beings with some predefined criterion in common, such as location, race, ethnicity, nationality, or religion. Demography is a social science which entails the statistical study of populations. Ecology In ecology, a population is a group of organisms of the same species who inhabit the same particular geographical area and are capable of interbreeding. The area of a sexual population is the area where inter-breeding is possible between any pair within the area and more probable than cross-breeding with in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Ninth Finance Commission Of India
The Ninth Finance Commission of India was set up in June 1987 under the chairmanship of Mr. N.K.P Salve. Members The members of the Commission were: * Shri N.K.P. Salve, Chairman * Shri Justice Abdus Sattar Qureshi * Dr. Raja J. Chelliah * Shri Lal Thanhawla, resigned on 24 January 1989 * Shri Mahesh Prasad, Member Secretary, resigned during the term of the Commission * Shri S. Venkitaramanan, joined in place of Shri Lal Thanhawla on 3 May 1989 * Shri Venkitaramanan, resigned as Member of the Finance Commission on his appointment as Adviser to the Government of Karnataka * Shri R. Keishing, assumed charge as part-time Member of the Commission with effect from 25 November 1989. * Shri K.V.R. Nair, appointed as Member Secretary in place of Shri Mahesh Prasad from 13 July 1989 Terms of Reference The Commission was asked to adopt a normative approach in assessing the receipts and the expenditures on the revenue account not only of the states but also of the centre with due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita Income
Per capita income (PCI) or total income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living. It is usually expressed in terms of a commonly used international currency such as the euro or United States dollar, and is useful because it is widely known, is easily calculable from readily available gross domestic product (GDP) and population estimates, and produces a useful statistic for comparison of wealth between sovereign territories. This helps to ascertain a country's development status. It is one of the three measures for calculating the Human Development Index of a country. Per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Commission Of 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. The First Commission was established in 1951 under The Finance Commission (Miscellaneous Provisions) Act, 1951. Fifteen Finance Commissions have been constituted since the promulgation of Indian Constitution in 1950. Individual commissions operate under the terms of reference which are different for every commission, and they define the terms of qualification, appointment and disqualification, the term, eligibility and powers of the Finance Commission. As per the constitution, the commission is appointed every five years and consists of a chairman and four other members. The most recent Finance Commission was constituted in 2017 and is chaired by N. K.Singh, a former member of the Planning Commissio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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