Tag: 16th Finance Commission

Sixteenth Finance Commission submits its report for 2026-31 to President Murmu

Sixteenth Finance Commission submits its report for 2026-31 to President Murmu

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Dr. Arvind Panagariya, Chairman 16th Finance Commission. File | Photo Credit: Sandeep Saxena New Delhi The Sixteenth Finance Commission (16th FC), chaired by economist Arvind Panagariyam, has submitted its report to the President of India, the office of the President announced on Monday (November 17, 2025). The primary task of the successive Finance Commissions, including […]

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Maharashtra seeks to increase share in divisible tax pool; requests allocation of ₹1,28,231 crore to fund infra projects

Maharashtra seeks to increase share in divisible tax pool; requests allocation of ₹1,28,231 crore to fund infra projects

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16th Finance Commission Chairman Arvind Panagariya addressing a press conference. File | Photo Credit: The Hindu To increase Maharashtra’s share in the receipt of tax revenue, the State Government on Thursday (May 9, 2025) recommended to the 16th Finance Commission (FC) to raise the weightage of population share in devolution formula from 15% to 20%, […]

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