Process to identify Chairman, Members of 16th Finance Commission to kick off soon
The Centre will set into motion the process to identify key personnel of the 16th Finance Commission (FC) including the Chairman and its Members soon. The FC is expected to be set up by November to assess the tax resources of the Centre and suggest a formula for their devolution to states and among
The Centre will set into motion the process to identify key personnel of the 16th Finance Commission (FC) including the Chairman and its Members soon. The FC is expected to be set up by November to assess the tax resources of the Centre and suggest a formula for their devolution to states and among them for the five years between financial year 2027-financial years 2031.
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