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TIOL
FINANCE COMMISSION REPORT

Report of the Twelfth Finance Commission (2005-2010)

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Serial No.
Chapter
     Main Page

Cover Page

    1. Introduction  
    2. Issues and Approach  
    3. Trends in Central and State Finances
 
    4. Restructuring Public Finances  
    5.

Union Finances: Assessment of Revenue and Expenditure

 
    6.

State Finances: Assessment of Revenue and Expenditure

 
    7. Sharing of Union Tax Revenues  
    8. Local Bodies  
    9. Calamity Relief  
  10. Grants-in-aid to States  
  11. Fiscal Reform Facility  
  12.

Debt Position of States:
Relief and Corrective Measures

 
  13. Sharing of Profit Petroleum
 
 
  14. Institutional Changes and Reforms
 
 
  15. Concluding Observations
 
 
  16. Summary of Recommendations