The Headlines – Fiscal roadmap: Finance Commission submits report for 2026-31; formula for Centre-state tax share sent to President Murmu

The 16th Finance Commission, led by Arvind Panagariya, has submitted its report for 2026-31 to President Droupadi Murmu. This report outlines the crucial formula for sharing central taxes with states, a process that involved extensive consultations across all states and Union Territories. The commission also reviewed disaster management financing.

The Headlines – Business News Today: Stock Markets, Financial News, India Business & World Business News – Read More