https://www.taxtmi.com/news?id=61919 The Sixteenth Finance Commission, constituted under Article 280, submitted its report for 2026-27 to 2030-31 recommending the distribution of the net proceeds of taxes between the Union and States, allocation of States' shares, grants-in-aid to States, and review of financing arrangements for disaster management; the report follows wide consultations and is in two volumes, with Volume I containing recommendations and Volume II annexures, and will be published when tabled in Parliament under Article 281. en-us Tue, 18 Nov 2025 09:52:33 +0530 Tue, 18 Nov 2025 09:52:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61919 The Sixteenth Finance Commission, constituted under Article 280, submitted its report for 2026-27 to 2030-31 recommending the distribution of the net proceeds of taxes between the Union and States, allocation of States' shares, grants-in-aid to States, and review of financing arrangements for disaster management; the report follows wide consultations and is in two volumes, with Volume I containing recommendations and Volume II annexures, and will be published when tabled in Parliament under Article 281. News - Tue, 18 Nov 2025 09:52:33 +0530 https://www.taxtmi.com/news?id=61919