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flag India's 16th Finance Commission recommends tax distribution to states for 2026–31, building on prior shares and pending parliamentary review.

flag The 16th Finance Commission, chaired by Dr. Arvind Panagariya, has submitted its report to President Droupadi Murmu, recommending the distribution of central tax revenues to states for 2026–31. flag The report, to be tabled in Parliament before public release, covers tax devolution, grants-in-aid, and disaster management financing. flag It builds on the 15th Commission’s 41% state share, with ongoing debates over formula weightings, particularly population-based allocations. flag The commission conducted nationwide consultations and will issue two volumes, with detailed analysis in the second.

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