In addition to tax revenues, Urban Local Governments (ULGs) in India can also generate non-tax revenue through various...
Tax revenue is an important source of income for Urban Local Governments (ULGs) in India, which includes Municipal...
Municipal finance refers to the financial management of local governments or municipalities, which includes planning,...
The Union government supports several developmental initiatives at the state level These schemes are aimed at...
Definition: Consolidated Fund of India is the most important of all government accounts Revenues received by the...
The Central Finance Commission (CFC) and the State Finance Commissions (SFCs) are two constitutional bodies in India...
Finance Commission of India: The Finance Commission is a constitutional body, that determines the method and...
The State Finance Commission (SFC) is an institution created by the 73rd and 74th Constitutional Amendments...
A special purpose vehicle is a legal entity that has been established to separate an asset, subsidiary, or financial...
A Special Economic Zone (SEZ) is a geographical region that has laws and regulations that are more liberal or flexible...
Urban financial management, hinges basically on the level of decentralization of the government machinery of a...
The concept of financial management generally includes financial resources mobilization, planning and expenditure...