Dispur: Lieutenant General Rana Pratap Kalita (retd) has been appointed as the Seventh Chairman of the Assam State Finance Commission by the Assam government. Additionally, they have appointed six more members.
The Seventh State Finance Commission, as outlined by the Government of Assam Finance Department, is responsible for providing recommendations on a variety of topics, including the principles that govern the distribution of the net proceeds of taxes and duties levied and collected between the State of Assam and the Panchayats and Municipalities, the measures necessary to enhance the financial position of the Panchayats and Municipalities, and any other matter that the Governor refers to the State Finance Commission in the interest of the Panchayats and Municipalities. The Commission will also provide recommendations on devolution and grant-in-aid for the Local Bodies of the three Autonomous Councils under the Sixth Schedule during the appraisal of the resources of the Local Governments, as per the Finance Department of the Government of Assam.
The Commission is required to provide the Governor of Assam with its report on each of the aforementioned matters by December 16, 2024, in accordance with the Finance Department of the Government of Assam. The report will cover a five-year period beginning on April 1, 2025.
