<h1>States Seek Higher Tax Revenue Share, Pushing Central Government for 50% Allocation in Finance Commission Proposal</h1> Most states are requesting an increase in tax revenue share from 41% to 50% from the central government. The 16th Finance Commission, during its consultation visit, heard recommendations from over 22 out of 28 states. The commission, constituted under constitutional provisions, will submit its report by October 2025, covering the period from 2026 to 2031, with recommendations typically accepted in their original form.