https://www.taxtmi.com/news?id=27020 The Sixteenth Finance Commission is mandated to recommend the distribution of net proceeds of taxes between the Union and the States and allocation among States; the principles governing grants in aid from the Consolidated Fund of India, including sums under article 275 for specified purposes; measures to augment State Consolidated Funds to supplement Panchayat and Municipality resources; and to review financing arrangements for Disaster Management, with a report due by the prescribed deadline in 2025. en-us Wed, 29 Nov 2023 17:10:08 +0530 Wed, 29 Nov 2023 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27020 The Sixteenth Finance Commission is mandated to recommend the distribution of net proceeds of taxes between the Union and the States and allocation among States; the principles governing grants in aid from the Consolidated Fund of India, including sums under article 275 for specified purposes; measures to augment State Consolidated Funds to supplement Panchayat and Municipality resources; and to review financing arrangements for Disaster Management, with a report due by the prescribed deadline in 2025. News - Wed, 29 Nov 2023 17:10:08 +0530 https://www.taxtmi.com/news?id=27020