Fifteenth Finance Commission has submitted its report for 2020-21 to President Ram Nath Kovind.<br />'' <br />'' Chairman of the Commission N K Singh, Members Ajay Narayan Jha, Ashok Lahiri, Ramesh Chand, Anoop Singh and Secretary Arvind Mehta today called on the President and submitted the report for further necessary action.  <br />'' <br />'' On this occasion, the Commission apprised President Kovind of the recommendations contained in the report.<br />'' <br />'' The Finance Commission was constituted by the President on 27th of November 2017 to make recommendations for a period of five years from 1st April 2020 to 31 March 2025. <br />''