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• 16th Finance Commission 2026-2031 period Arvind Panagariya Finance Commission India Fiscal Federalism local bodies funding Sixteenth FC state grants Tax Devolution vertical devolution
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Sixteenth Finance Commission Analysis

Sixteenth Finance Commission Analysis Syllabus GS 3: Indian Economy Why in the News? Recently, the Sixteenth Finance Commission’s recommendations on tax devolution, grants, and fiscal transfers have triggered debate over federal balance, State finances, cesses, surcharges, and equity in Centre-State financial relations. Introduction The Sixteenth Finance Commission has played an important role in shaping fiscal …

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