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16th Finance Commission submits its five-year fiscal blueprint
Business Standard
|November 18, 2025
The Sixteenth Finance Commission, chaired by Arvind Panagariya, submitted its report for 2026-31 to President Droupadi ‘Murmu on Monday. A copy was later shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
16th Finance Commission, chaired by Arvind Panagariya, submitted its report for 2026-31 to President Droupadi Murmu. A copy was later shared with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman
(PTI)
The Finance Commission is a constitutional body formed every five years to devise the formula for distributing net tax proceeds between the Centre and states, as well as among states and local bodies.
At present, India shares 41 per cent of federal taxes with states, as recommended by the Fifteenth Finance Commission.
Cette histoire est tirée de l'édition November 18, 2025 de Business Standard.
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