The commission submitted its report on 30 november 2004 and covered the period from 200510. Its main work is to give recommendations on distribution of central tax revenues between the union and the states. Approach of the twelfth finance commission to local body. Summary of the recommendations of the tfc are placed at annexii. Report of the first finance commission introduction and summary of recommendations 3. Report of the third finance commission constitution of the commission and its terms of references and summary of recommendations 5. The commission was headed by veteran economist of india, c. Apart from the summary of the twelfth finance commission s report for bihar, as presented below, this document also contains two memorandums presented to the commission one by the state government and other by the political parties and professional organisations, prepared by. Commission, besides tax devolution, has recommended as many as 12. The present finance commission, which is the twelfth, was. Rangrajan was appointed on november 1, 2002, to make recommendations regarding the distribution between the union and the states of net proceeds of shareable taxes, the principles which should govern the grantsinaid of the revenues of states from the consolidated fund of india, and the measures needed to augment the. Get complete information on twelfth finance commission of. The first such commission was constituted on november 19, 1951.
The 12th finance commission has recommended a total transfer of. Commission efc and the twelfth finance com mission twfc submitted their reports. Recommendations of thirteenth finance comission international. The terms of reference of the commission are at annexi. Report of the second finance commission introduction and recommendations 4. The twelfth finance commission tfc under the chairmanship of dr. Pdf critically appraising the recommendations of the thirteenth finance commission, this. Report of the twelfth finance commission and indian public finance statistics, 200607.
The twelfth finance commission of india was appointed on 1 november 2002 to make recommendations on the distribution of net proceeds of sharable taxes between union and states. Report of the twelfth finance commission 20052010 authored by. The eleventh finance commission of india was appointed by the president on 3 july 1998 for the period 20002005. Report of the 11th, 12th and th finance commissions reports. Main recommendation of the twelfth finance commission. The report of the th finance commission, is perhaps more comprehensive.
The twelfth finance commission of india was appointed on 1 november 2002 to make recommendations on the distribution of net proceeds of sharable taxes. Report of the twelfth finance commission and census of india, 2001. The eleven finance commissions, which have preceded the present one, have, through their recommendations, given. The twelfth finance commission tfc was appointed by president on 1st november 2002 under the chairmanship of dr. Report summary report of the thirteenth finance commission. Tfc was appointed on november 1, 2002 to make recommendations regarding the distribution between the union and. The twelfth finance commission estimated the amount. Despite the addition of a third tier in indian federal polity. Commission efc and the twelfth finance commission twfc. Symposium on report of twelfth finance commission jstor.
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