Tag: Finance Commission

The 16th Finance Commission of India was constituted in November 2019 to review the existing framework of fiscal devolution and recommend a new framework for the period 2020-25. The Commission submitted its report to the President of India on November 1, 2020. The Commission's recommendations mark a significant shift in India's fiscal federalism, moving towards a more equitable and performance-based sharing of tax revenues between the central and state governments.

The 16th Finance Commission: A New Era of Fiscal Federalism

by India CSR

December 1, 2023

The 16th Finance Commission of India was constituted in November 2019 to review the existing framework of fiscal devolution and ...

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Tag: Finance Commission

The 16th Finance Commission: A New Era of Fiscal Federalism

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