Karnataka CM Siddaramaiah said that neither the state government nor BMRCL has the legal authority to override ...

On February 1, while presenting the Budget for FY27 in the Lok Sabha, Finance Minister Nirmala Sitharaman also tabled the ...

The Report of the 16th Finance Commission (FC) containing recommendations on the devolution of Central taxes and grants to states was tabled in Parliament on Budget day.

In 2015, the 14th Finance Commission raised devolution to states from 32 to 42 pc, adjusted to 41 pc after J &K ceased to be ...

Tamil Nadu's marginal increase in fund devolution under the 16th Finance Commission offers little relief amid regional disparities.

The 16th Finance Commission has walked a high-wire, balancing southern efficiency against northern equity. By rewarding GDP ...

The 16th Finance Commission has decided how centre’s tax revenues will be distributed among states for the next 5 years.

The 16th finance commission's tax devolution formula drew mixed responses, with some states gaining higher shares while ...

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 ...

The 16th Finance Commission, led by Arvind Panagariya, recommended a 41% states' share in central taxes from 2026. The ...

Bengaluru: Chief minister Siddaramaiah again accused the Centre of ignoring Karnataka's demand to treat cess and surcharges collected from the state a.

Even as the overall share of central taxes devolved to states is expected to remain unchanged at 41%, several economically stronger states are likely to emerge as relative beneficiaries under the ...