Question
Under the XV Finance Commission grants for FY 2025–26,
how much was allocated to Odisha?Solution
For FY 2025–26, the Union Government released the first installment of XV Finance Commission untied grants: • Mizoram: ₹14.2761 crore (for 827 Village Councils) • Odisha: ₹240.8149 crore (for 6,085 Gram Panchayats and 63 Block Panchayats) • Tripura: ₹29.75 crore (for 606 Gram Panchayats, 35 Block Panchayats, 8 Zilla Parishads, and other bodies) These untied grants can be used by Rural Local Bodies for developmental activities under the Eleventh Schedule of the Constitution, but not for salaries or administrative expenses.
Which valuation approach is used in Discounted Cash Flow (DCF) method?
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• Receiva...
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In India, the GST is based on the dual model GST adopted in: