Sixteenth Finance Commission submits its report for 2026-31 to the PresidentÂ
Why in the News? The Sixteenth Finance Commission (16th FC), chaired by Arvind Panagariya, has formally submitted its report to the President of India on 17 November 2025. Recommendations will be made public once tabled in Parliament under Article 281. Back2Basics: Finance Commission Constitutional Body: Established under Article 280 of the Constitution to define financial… Continue reading Sixteenth Finance Commission submits its report for 2026-31 to the PresidentÂ

