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Finance panel rewards contribution to GDP
Financial Express Lucknow
|February 02, 2026
STATES' TAX SHARE RETAINED AT 41%; GOVT ACCEPTS RECOMMENDATIONS
THE SIXTEENTH FINANCE Commission (16th FC) has sought to balance continuity with reform in India’s fiscal federal architecture by retaining states’ share at 41% of the divisible pool of central taxes, ensuring predictability in intergovernmental transfers over its five-year award period from FY27 to FY31.
The report has been accepted by the government.
Diese Geschichte stammt aus der February 02, 2026-Ausgabe von Financial Express Lucknow.
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