Budget

Union Budget 2026: 16th Finance Commission recommends 41% tax devolution to States, increased share to South India

The Hindu Budget·2 Feb 2026
Union Budget 2026: 16th Finance Commission recommends 41% tax devolution to States, increased share to South India

The 16th Finance Commission’s recommendations have been accepted by the Union Government, Finance Minister Nirmala Sitharaman announced on February 1, 2026

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