The 16th Finance Commission has recommended retaining states’ share in the divisible pool of central taxes at 41 per cent, while pitching for outcome-.

KOCHI: Invoking the principle of ‘let the polluter pay’, the first report of the 7th State Finance Commission (SFC) has ...

Hyderabad: The 16th Finance Commission’s recommendations to retain the previous formula for sharing Central taxes with states have come as a major setback for Telangana, with the state receiving only ...

Accordingly, for the first time, this Commission decided to add the State’s contribution to GDP among its horizontal ...

Ahead of the Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) tabled the Sixteenth Finance Commission (16th FC) report for tax revenue devolution between ...

Nirmala Sitharaman confirmed the government will keep a 41% tax devolution formula as per the 16th Finance Commission, ...

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Central government needs to be “mentally flexible” and accept devolution will look different in different places, the local ...

FM NIrmala Sitharaman said the 16th Finance Commission–recommended tax devolution formula remains unchanged, with 41% of central taxes going to states. The government will also provide ₹1.4 lakh crore ...

Budget 2026 raises FY27 capex to Rs 12.2 lakh crore, pegs fiscal deficit at 4.3% and outlines infrastructure, borrowing and ...

Sitharaman proposes lowering debt-to-GDP ratio to 55.6% by FY27. Budget highlights include CERs, tax devolution, and Buddhist ...

Since the pandemic, the government’s response to this has been to stimulate the economy first via the push to capital expenditure ...