https://www.taxtmi.com/news?id=61902 The 16th Finance Commission recommended the allocation of states' shares in the net proceeds of central taxes for 2026-31, to be tabled in Parliament and published; its mandate required recommendations on distribution between the Union and States, intra state allocation, grants in aid, and financing arrangements for Disaster Management. The report follows detailed fiscal analysis and wide consultations and is presented in two volumes, with operative recommendations in Volume I and annexures in Volume II. en-us Mon, 17 Nov 2025 21:16:04 +0530 Mon, 17 Nov 2025 21:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61902 The 16th Finance Commission recommended the allocation of states' shares in the net proceeds of central taxes for 2026-31, to be tabled in Parliament and published; its mandate required recommendations on distribution between the Union and States, intra state allocation, grants in aid, and financing arrangements for Disaster Management. The report follows detailed fiscal analysis and wide consultations and is presented in two volumes, with operative recommendations in Volume I and annexures in Volume II. News - Mon, 17 Nov 2025 21:16:04 +0530 https://www.taxtmi.com/news?id=61902