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18 stories for “Finance” · February 2026
Clear filtersThe 16th Finance Commission, chaired by Arvind Panagariya, kept the States' share of the divisible pool at 41% for 2026-27 to 2030-31. The Commission is a constitutional body under Article 280. Its main innovation is a n...
From April 1, 2026, Tamil Nadu's portion of the net shareable Central tax pool will be 4.097% under the 16th Finance Commission, a slight gain of 0.44% over the 4.079% allotted by the 15th Commission. Budgeted receipts f...
On 1 February 2026, Nirmala Sitharaman presented her ninth straight Union Budget, the first ever delivered on a Sunday, and also tabled the 16th Finance Commission report on tax devolution for 2026-2031. India's first fu...
An RBI report on State finances found that Assam, Kerala, Tamil Nadu, West Bengal and Puducherry have steadily lowered their debt-to-GSDP ratios by up to 4 percentage points since 2021 without cutting development spendin...
Union Finance Minister Nirmala Sitharaman announced eco-friendly nature trails in the Budget. Sustainable mountain trails will come up in Himachal Pradesh, Uttarakhand, Jammu & Kashmir, Araku Valley in the Eastern Ghats...
Overview Following the presentation of the Union Budget 2026–27, the government introduced several tax reforms aimed at simplifying the tax system, improving compliance, and boosting economic activity. The changes focuse...
