The commission headed by N K Singh remained tightlipped about its recommendations amid indications that it has suggested a new fiscal road map for the Centre and the states. It is unlikely to opt for a significant reduction in the share of central taxes that is transferred to states, which is currently pegged at 41%. Its award period will extend from April 2021 to March 2026.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3mFeIva
