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March 17, 2026, 05:13 PM - 4 min read
The session may turn stormy, as the opposition BJP is aggressively preparing to corner the Congress government over alleged financial mismanagement and unfulfilled announcements made in the previous three budgets presented by Chief Minister Sukhvinder Singh Sukhu, who holds the finance portfolio also.
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February 2, 2026, 06:49 PM - 8 min read
The state earlier suffered a major economic setback with the abolition of GST compensation, and now the Central government has delivered a second severe blow by eliminating Revenue Deficit Grant (RDG).
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November 18, 2025, 02:39 PM - 2 min read
The recommendations of the Sixteenth Finance Commission, which is chaired by renowned economist, Arvind Panagariya, would be applicable for a period of five years beginning April 1, 2026
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October 14, 2025, 03:31 PM - 2 min read
The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman
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June 7, 2025, 07:10 PM - 2 min read
RBI’s Deputy Governor T Rabi Sankar has been appointed as part-time member of the 16th Finance Commission
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May 30, 2025, 03:40 PM - 4 min read
All Ministries and Departments have been informed they will receive allocation 5.5 times their average actual annual expenditure during the last five years once the 16th Finance Commission cycle begins (2026-31)
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May 28, 2025, 05:10 PM - 2 min read
A high-level team from the 16th Finance Commission arrived here on Wednesday on a four-day visit, an official said.
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January 20, 2025, 05:48 PM - 4 min read
The full team of the 16th Finance Commission, led by its chairman Arvind Panagariya, met the Sikkim chief minister at the state secretariat.
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January 9, 2025, 04:35 PM - 3 min read
After meeting the members of the commission, Goa Chief Minister Pramod Sawant said, "A delegation of the 16th Finance Commission is visiting Goa and we held a meeting with it. Goa Cabinet members have kept a demand of Rs 3600 crores before it. This is mainly for tourism, health, agriculture and disaster management sectors."
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October 21, 2024, 08:09 PM - 4 min read
The 16th Finance Commission headed by Dr Arvind Panagariya, which is visiting Gujarat, held meetings with Chief Minister Bhupendra Patel and top officials during and is expected to finalise its report on recommendations by October 2025.
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September 10, 2024, 03:16 PM - 3 min read
Telangana Chief Minister A Revanth Reddy on Tuesday urged the 16th Finance Commission to increase the share of states in Central taxes from the existing 41 per cent to 50 per cent.
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August 29, 2024, 03:37 PM - 3 min read
Karnataka Chief Minister Siddaramaiah urged the 16th Finance Commission to cap cesses and surcharges at 5% of gross tax revenue, increase vertical devolution to 50%, and include all non-tax revenues in the divisible pool. He highlighted Karnataka’s substantial revenue contributions and requested greater financial support to address regional imbalances and development needs.
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