![]() ![]() ^ Das acted as the chairman of the commission in absence of Singh.Members Profile of members of the Fifteenth Finance Commission In July 2019, the commission's term was extended by a month to November 2019, and its terms of reference (ToR) were expanded by the Union Cabinet and asked it to consider whether "adequate, secure and non-lapsable" funds could be provided for funding defence and internal security, and how would a distinct system to fund defence and internal security be operationalised. Das resigned as member on 11 December 2018, to become the Governor of Reserve Bank of India. Lahiri was elevated to the status of a full-time member in May 2018 and was accorded the status of a minister of state. ![]() The commission held its first meeting on. Nand Kishore Singh was appointed as the commission's chairman, with its full-time members being Shaktikanta Das and Anoop Singh and its part-time members being Ramesh Chand and Ashok Lahiri. The Fifteenth Finance Commission was constituted by the Government of India-after getting ceremonial approval from President of India-through a notification in The Gazette of India on. Shaktikanta Das served as a member of the commission from November 2017 to December 2018. ![]() In addition, the commission also has a part-time member in Ramesh Chand. The commission's chairman is Nand Kishore Singh, a senior member of the Bharatiya Janata Party (BJP) since March 2014, with its full-time members being Ajay Narayan Jha, Ashok Lahiri and Anoop Singh. The Fifteenth Finance Commission ( XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for five fiscal years, commencing. 3755(E) (notification of formation of the commission)
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