Sixteenth finance commission holds first meeting
The sixteenth finance commission will make its recommendations available by 31st October, 2025.
finance commission
February 2024
November 2023
June 2022
January 2022
March 2019
FM Sitharaman clarifies on Karnataka's tax sharing claims
During the 14th FC’s five-year award period (2015-16 to 2019-20), Karnataka received ₹1,51,309 crore as tax devolution, the central government states.
Cabinet accepts terms of reference for 16th Finance Commission
The recommendations of the 16th Finance Commission, if accepted by the government, would cover a 5 year period beginning from April 1, 2026
A case for greater GST autonomy to states
The need to make states fiscally more empowered can’t be overstated; SC’s recent order paves the way for discretionary space in GST to enable this, which states may rush to occupy.
Funds to states way below 42%; why that hurts growth
Against the Finance Commission awards, Centre collects cess and surcharge but devolves less to states as share in fiscal resources.
Need to foster competitive federalism among states: RBI governor
At the launch of the book “Indian Fiscal Federalism” co-authored by former RBI governor Y.V. Reddy, Shaktikanta Das discussed the importance of cooperative federalism.
