Tag: 16th Finance Commission

Rise in southern States’ share in devolution of funds provides no relief to Tamil Nadu

February 2, 2026 admin

People watch the Union Budget 2026-27 being presented by Union Finance Minsiter Nirmala Sitharaman on February 1, 2026. Veteran experts in public finances say Tamil Nadu has got virtually nothing extra. | Photo Credit: The Hindu Despite five southern States being assigned a collectively higher share under the vertical distribution scheme of the 16th Finance…

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

November 17, 2025 admin

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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16th Finance Commission: Kerala set to host Finance Ministers’ Conclave in Thiruvananthapuram

September 11, 2024 admin

Kerala Finance Minister K.N. Balagopal (file) | Photo Credit: S. MAHINSHA Centre-State financial relations, grievances regarding cuts in allocation and the need for a united front to secure a fair share in the 16th Finance Commission will take centre stage in Thiruvananthapuram on Thursday (September 12, 2024) at a one-day conclave to be attended by…

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Finance Commission expected to be constituted by November end: Finance secretary

August 20, 2023 admin

T.V. Somanathan, Finance Secretary. File. | Photo Credit: KAMAL NARANG The government is expected to constitute the 16th Finance Commission by end of November, Finance Secretary T V Somanathan said. Finance Commission is a constitutional body that gives suggestions on Centre-State financial relations. It suggests, among other things, the ratio in which tax is to…

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