A business leader has warned that the region could lose out on multi-million-pound public funding opportunities and says ...

States shall continue to receive 41% of funds from the Union government’s divisible pool of taxes for the next five years, as ...

Finance Minister Nirmala Sitharaman confirms no tax devolution reduction, with ₹25.44 lakh crore set for states in 2026-27.

No change in tax transfers, Finance Commission cautions on cash transfer surgeWhen the 16th Finance Commission began work, one concern for the souther.

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

Rejecting allegations that certain states were denied Budget allocations, Sitharaman said the Centre has adhered to the ...

Tamil Nadu's marginal increase in fund devolution under the 16th Finance Commission offers little relief amid regional disparities.

Accordingly, for the first time, this Commission decided to add the State’s contribution to GDP among its horizontal ...

Rs 49,725 crore has been budgeted towards tax devolution, while Rs 29,548 crore has been provided as grants-in-aid for FY 2025-26," it said. Since 2014, Assam has received around Rs 3.12 lakh crore ...

If the government chooses LGR over devolution, they should focus on creating new councils that are closer to the residents ...

With most states arguing that rising cess and surcharge collections have eroded the shareable tax pool, the Finance ...