Finance Commission retains states' devolution share at 41%, introducing GDP-based criteria for equitable fund distribution.

The 16th Finance Commission (FC) report, led by Arvind Panagariya, introduces a transformative "efficiency-first" model for ...

Madhya Pradesh yearly increase in the central taxes has been comparatively reduced in the Union Budget 2026-27 presented by finance minister Nirmala .

The decision continues the framework laid down by the 15th Finance Commission, which had earlier fixed the states’ share in ...

FM Nirmala Sitharaman presented the Union Budget 2026-27, allocating Rs 1.4 lakh crores for states and retaining the 41% ...

Hyderabad: The 16th Finance Commission’s recommendations to retain the previous formula for sharing Central taxes with states have come as a major setback for Telangana, with the state receiving only ...

Karnataka allocated Rs 63,049 crore in tax devolution, lower than Andhra Pradesh, sparking debate over 16th Finance Commission formulas.

Telangana’s share in Central tax devolution has steadily reduced in the decade under the two previous finance commissions.

Budget 2026 | The BJP led Centre's decision is likely to fuel further political debate in Tamil Nadu, with the ruling DMK expected to criticize the Centre for disregarding state autonomy and financial ...

MP Kanimozhi on Sunday criticised the Union Budget, calling it disappointing for states and particularly for Tamil Nadu, which she said has been overlooked in key allocations and announcements even ...