Section

Cabinet approves creation of posts for 16th Finance Commission

By Economic Times - 10 months ago
The Union Cabinet has approved the creation of posts for the Sixteenth Finance Commission in India. Earlier, Arvind Panagariya was appointed as the head of the commission, with Ritwik R Pandey chosen as the secretary. The Finance Commission is responsible for dividing tax revenues between the central government and the states, and its recommendations will be in effect from April 1, 2026, to March 31, 2031.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.