Role of Finance Commission in the Financial Planning of Business with reference to Prayagraj

Author(s)	Ms. Shraddha Srivastava
Country	India
Abstract	Abstract: The finance commission of India plays a pivotal role in shaping the fiscal landscape of the nation by recommending the distribution of tax revenues between the central and state governments. While its primary mandate pertains to intergovernmental fiscal relations, the Commission’s decisions indirectly influence the financial planning of businesses across various regions, including Prayagraj. This paper explores the extent to which the Finance Commissions recommendations impact business financial planning in Prayagraj, Uttar Pradesh. Through a comprehensive literature review, analysis of fiscal policies, and examination of local economic data, the study aims to elucidate the correlation between federal fiscal policies and regional ness strategies.
Keywords	Keywords: Finance commission, fiscal federalism, business financial planning, Prayagraj, Uttar Pradesh, Tax distribution, Regional development.
Field	Sociology > Administration / Law / Management
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-05-28
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.40770
Short DOI	https://doi.org/g9mh8b

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