Amol Phalke

Our introductory article examined the origin, functions, composition, and core principles of the Finance Commission (FC), including the concepts of the divisible pool and grants-in-aid. Building on this foundation, this article explores a key aspect of fiscal federalism that has been in the news in recent years—the formula for sharing tax revenues between the Centre and the

Do you rely on the returns which the mutual fund shows to you, or do you calculate the returns yourself? If not, then try doing it once. However, wait a minute. Don’t take the invested value shown in your mutual fund app. Instead, you should calculate returns on your own using the invested value, current

Financial Planning vs Investment Planning: Do you often get confused between Financial Planning and Investment Planning?  Have you made investments without knowing the financial goal behind them?  Do you want to know the asset classes in which you can invest?  If the answer to any of the above questions is yes, then you should read

In a vast and diverse country like India, the fair distribution of resources among the states is challenging due to differing regional needs and economic conditions. The federal governance system, with shared powers and responsibilities between the Centre and states, often sparks conflicts over resource allocation. Recently, debates on the North-South divide in resource sharing