Question

The fifteenth Finance Commission has
reduced the vertical devolution from
42% to 41%. Which among the following
parameters was not considered in
taking the decision ?
(1) Forest Cover
(2) Area of the State
(3) Income Tax collected by the State
(4) Demographic Performance​

Answer 1

Answer:

15th Finance Commission cuts states' share of central taxes to 41% vs 42%

2 min read . 02 Feb 2020

Asit Ranjan Mishra

1 percentage point-cut comes after commission factors in splitting of J&K into 2 UTs

FFC assigned 15% weight to population of a state, down from 17.5% allocated by the 14th FC