"The Union Cabinet approved the Fifteenth Finance Commission (FC) to submit its first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by October, 31, 2020," an official statement said.
Mumbai, Mar 27: Finance Minister Pranab Mukherjee today termed as “conjectures and media speculations” the reported differences between him and the Reserve Bank of India on capping FDI at 49 per cent in new commercial
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