Urjit Patel offers help to finance panel on devolution of tax revenue between Centre and states

Urjit Patel and N K Singh discussed technical as well as other assistance which Reserve Bank of India could provide for tax revenue sharing

PTI December 07, 2017 19:18:45 IST
Urjit Patel offers help to finance panel on devolution of tax revenue between Centre and states

New Delhi: The newly appointed Chairman of the 15th Finance Commission N K Singh and RBI Governor Urjit Patel on Thursday discussed various issues related to the devolution of taxes between the Centre and states.

Urjit Patel offers help to finance panel on devolution of tax revenue between Centre and states

They discussed the technical as well as other assistance which the Reserve Bank of India could provide, enabling the Commission to discharge its wide ranging Terms of Reference, Finance Ministry said in a statement.

The RBI has the data and technical speciality in matters relating to overall finances, it said, adding that the emerging fiscal scenario and the central bank's State Finance Division is a rich repository of information on State finances over a long period of time.

Singh said that the Commission would be greatly benefited by the analytical and domain knowledge of the RBI in these specialised areas. Secretary to the 15th Finance Commission Arvind Mehta was also present at this meeting.

Updated Date:

also read

Petrol and diesel price today 24 July 2021: Seventh day of unchanged rates; check prices in Delhi, Mumbai here
India

Petrol and diesel price today 24 July 2021: Seventh day of unchanged rates; check prices in Delhi, Mumbai here

Petrol and diesel prices: Petrol price in Delhi stands at Rs 101.84 per litre while diesel is available for Rs 89.87. In Mumbai, petrol is retailing at Rs 107.83, while diesel costs Rs 97.45. Read below to find out fuel prices in your city.

Petrol and diesel prices unchanged for sixth day; here are fuel rates in your city today
India

Petrol and diesel prices unchanged for sixth day; here are fuel rates in your city today

Petrol and diesel prices: Petrol price in Delhi stands at Rs 101.84 per litre while diesel is available for Rs 89.87. In Mumbai, petrol is retailing at Rs 107.83, while diesel costs Rs 97.45. Read below to find out fuel prices in your city.

Petrol price today nears Rs 108/litre in Mumbai. Check latest fuel rates
Business

Petrol price today nears Rs 108/litre in Mumbai. Check latest fuel rates

Petrol and diesel price today: In Delhi, petrol prices remained at Rs 101.84 a litre while the rate of diesel was at Rs 89.87. Check latest rates in your city. Latest Petrol and diesel prices at Firstpost.com