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Since there is no Central Planning Commission or Finance Commission in the US I assume you ask this question in reference to India. The answer in the Indian context is No. The Finance Commission is a constitutional body while the Planning Commission is not statutory and merely an advisory body.
While some of their functions overlap, by and large the Finance Commission focuses on non-plan revenues (administrative costs of government etc) and expenditure while the Planning Commission focuses on plan expenditure (social schemes and infrastructure).
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What is the role of finance in accounting?
the departments work
How do you get paid when you work on commission?
Commission only jobs, pay you based on a percentage of your total sales, either weekly or bimonthly
What do the acronyms COA mean?
Chart of accounts. (If you work in finance anyway)
What are the advantages of audit planning?
By planning the audit, u make a blue print of your desired action. You will be able to complete your work in time. Allocation of work will be better and reporting too. You yourself will be happy and your client too.
Why did you choose accounting and finance carrer?
Accounting and finance careers encompass a wide range of responsibilities, including: Record keeping and financial reporting Budgeting and forecasting Tax preparation and compliance Auditing and financial analysis Corporate finance and investment analysis Risk management and insurance Financial management and planning Financial software and technology management. Individuals working in accounting and finance can find employment in a variety of settings, including public accounting firms, corporations, government agencies, non-profit organizations, and financial institutions. One of the best institution that provide high-quality education is Tapasya Educational Institution.
Is planning commission constitutional body?
Planning Commission is a non-Constitutional (not created by the Constitution) and non-statutory(not created by an Act of Parliament) body. It was created in 1950 by Govt. Of India by an executive resolution. Finance Commission, which does a similar work, is a Constitutional body. The appointment of Planning Commission has overshadowed the work and importance of Finance Commission.
What officials compris the commission in the commission form of government?
police, fire ,finance ,health, and public work
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how do u work out finance to be repaid
What is the difference between finance manager and accountant?
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Discuss the problem of project planning and control?
Ever since 1951, when the First Five Year Plan went into operation, right through the formulation of the Seventh Five Year Plan in the recent years, India has been following national policy of central planning for controlled and unified development. This has given rise to a number of problems in administration:Whether planning should come from above or below?To what extent should the society be subject to planning and how the people should be associated in the formulation and execution of plans?What modification should be made in the relationship between the centre and the States which have distinct powers in a federal constitution so as to make centralised planning effective?Who should constitute the members of the planning body?If the planning body is set up outside the normal executive organisation of the government, as the Planning Commission in this country is, should its advisory services be arranged in the existing organisation or should it have an administration of its own for this purpose?To what extent should the Planning Commission concern itself with the details of the Plan?What should be the Planning Commission's responsibility in reviewing the progress of the Plan and what reports is the Planning Commission entitled to ask from the executive authorities?What is the mechanism for dove-tailing the work of the planning machinery in the states which that of the centre, etc.?Although some of these problems have been taken care of in the initial establishment of the Planning Commission and its subsequent reorganisations, it must be confessed that the administrative organisation for planning has grown haphazardly without any systematic examination of these problems. The result is that Planning Commission today is a mammoth organisation, almost 'a parallel government' in the words of Pandit Nehru.It is to be noted that the Planning Commission and the National Development Council are not consitutional bodies. Now we have a constitutionally mandated District Planning Committee every district, for further reading vide the planning process.
Is there any legal way to sell a car still under finance without transferring the debt to the new owner?
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Finance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money, and risk and how they are interrelated. It also deals with how money is spent and budgeted.
What can you say about fair work commission?
Fair work commission is doing a great job by protecting the welfare of the employees.
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