States shall continue to receive 41% of funds from the Union government’s divisible pool of taxes for the next five years, as ...
The 16th Finance Commission has walked a high-wire, balancing southern efficiency against northern equity. By rewarding GDP ...
Responding to criticism that the mandated share was not being fully passed on, Sitharaman stated, “41% it is that we have ...
Rejecting allegations that certain states were denied Budget allocations, Sitharaman said the Centre has adhered to the ...
Tamil Nadu's marginal increase in fund devolution under the 16th Finance Commission offers little relief amid regional disparities.
Finance Minister Nirmala Sitharaman confirms no tax devolution reduction, with ₹25.44 lakh crore set for states in 2026-27.
Rs 49,725 crore has been budgeted towards tax devolution, while Rs 29,548 crore has been provided as grants-in-aid for FY 2025-26," it said. Since 2014, Assam has received around Rs 3.12 lakh crore ...
With most states arguing that rising cess and surcharge collections have eroded the shareable tax pool, the Finance ...
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