February 14, 2026
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Finance Commission India

Sixteenth Finance Commission report 2026‑31

Sixteenth Finance Commission Report 2026‑31: Centre-State Tax Sharing and Grants

Daily Current Affairs07 mins

Sixteenth Finance Commission report 2026‑31 outlines Centre-State tax sharing, grants-in-aid, Panchayat funding, and disaster management allocations. Key details for exam preparation. Sixteenth Finance Commission Submits Report for 2026‑31 to the President Introduction On 17 November 2025, the Sixteenth Finance Commission (XVIFC), under the chairmanship of Arvind Panagariya, officially submitted its report for the award period beginning 1 April 2026 to…

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"16th Finance Commission India"

16th Finance Commission India: Arvind Panagariya Heads, Impact on Fiscal Federalism

Daily Current Affairs03 mins

India Forms 16th Finance Commission under Economist Arvind Panagariya The Indian government has recently constituted the 16th Finance Commission, spearheaded by distinguished economist Arvind Panagariya. This commission is entrusted with the significant responsibility of formulating recommendations regarding the allocation of finances between the Centre and the states. It succeeds the 15th Finance Commission, marking a…

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