A business leader has warned that the region could lose out on multi-million-pound public funding opportunities and says ...

States shall continue to receive 41% of funds from the Union government’s divisible pool of taxes for the next five years, as ...

No change in tax transfers, Finance Commission cautions on cash transfer surgeWhen the 16th Finance Commission began work, one concern for the souther.

Responding to criticism that the mandated share was not being fully passed on, Sitharaman stated, “41% it is that we have ...

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

Rejecting allegations that certain states were denied Budget allocations, Sitharaman said the Centre has adhered to the ...

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 ...

Assam Chief Minister Himanta Biswa Sarma on Sunday expressed hope that the Union Budget for 2026-27 will offer more tax devolution to the state. Union Finance Minister Nirmala Sitharaman began ...

The Centre as accepted the recommendations by the 16th Finance Commission during the Union Budget for FY27. The 16th FC has retained tax devolution for states at 41%, with Southern states as gainers ...

With most states arguing that rising cess and surcharge collections have eroded the shareable tax pool, the Finance ...