Fiscal roadmap: Finance Commission submits report for 2026-31; formula for Centre-state tax share sent to President Murmu
The 16th Finance Commission, led by Arvind Panagariya, has submitted its report for 2026-31 to President Droupadi Murmu. This report outlines the crucial formula for sharing central taxes with states, a process that involved extensive consultations across all states and Union Territories. The commission also reviewed disaster management financing.🕒 1 min read
The 16th Finance Commission, led by Arvind Panagariya, has submitted its report for 2026-31 to President Droupadi Murmu. This report outlines the crucial formula for sharing central taxes with states, a process that involved extensive consultations across all states and Union Territories. The commission also reviewed disaster management financing.
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