FLASH NEWS LIVE

Implications Of The 16th Finance Commission Report On The Centre-State Fiscal Relationship

Implications Of The 16th Finance Commission Report On The Centre-State Fiscal Relationship

The Sixteenth Finance Commission has retained states’ 41% share of the divisible tax pool for 2026–31 but introduced “contribution to national GDP” with 10% weight in horizontal devolution. The move signals a shift from pure equalisation towards performance-based incentives. While states’ overall funds may rise, concerns remain over growing non-shareable cesses and surcharges.

Read Full Article →

📱 Tip: Tap the 🔗 Share icon in Safari and choose Add to Home Screen to install World Trade Factory.