Delhi Finance Commission

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The Delhi Finance Commission is one of the finance commissions pertaining to the territory of Delhi. Delhi is one of the most important places in India, as it is the capital of the country. The Finance Commission is set up as per the guidelines provided in the Article 243 (I) of the Indian Constitution.

Glimpses of Delhi Finance Commission:

The Delhi Finance Commission is the Finance committee of the Union Territory of Delhi.

It is also the most important of the union territories. The main purpose of these delegations is to review the financial status of the financial implementations by the authorities of the union territory. The Finance Commission is constituted under the Article 243 (I) of the Indian Constitution, which provides orders to the Lieutenant Governor of the Union Territory that he would, establish a Finance Commission within the commencement of the 73rd Amendment of the Constitution Act, 1992, at the end of every fifth year.

  • Delhi is one of the major metropolis in India
  • A part of Delhi, called as the New Delhi is the national capital of India
  • Delhi has a number of satellite cities such as, NOIDA, Faridabad, Ghaziabad, and Gurgaon
  • The territory of Delhi consists of nine districts
  • Delhi has a rich cultural heritage and history

Objectives of Delhi Finance Commission:
  • The objectives of the Delhi Finance Commission, serves the purpose of better functioning of the of the committee
  • The allocation of the total proceeds from the taxes, tolls, duties, and fees imposed by the union territory, which is to be divided between the Union Territory
  • Determining the duties, tolls, taxes, and fees, which are to be imposed on the Union Territory
  • The allocation of the total yield pertaining to taxes, tolls, duties, and fees imposed by the Union Territory
  • The financial assistance to the Union Territory in form of Consolidated Fund
  • Determining the financial roles of the Union Territory pertaining to development

Development standards of Delhi Finance Commission:
  • The Finance Commission of Delhi constituted under Article 243 (I) of the Indian Constitution would attain to all matters referred by the municipalities as per the Article 243 (Y) of the Constitution

  • All recommendations by the Lieutenant Governor should be made together with an explanatory memorandum which is to be presented before the Legislature of the Union Territory.

  • To attain to matters mentioned by the Lieutenant Governor, to the Delhi Finance Commission regarding the proper financial operations of the union territory

Delhi Finance Commission and the 13th Finance Commission:
  • The commission would retrospect the financial status, with accordance to the functions of the States' Debt Consolidation and Relief Facility, 2005-2010

  • The commission would recommend steps for sustainable and stable financial operations for growth of the union territory

For further information on State Finance Commissions, please refer to the following sites