Arun Jaitley, Ravi Shankar Prasad

Jaitley also said that the 15th Finance Commission would be in place before April 1, 2020.

The Finance Commission, a constitutional body formed by the President every five years, provides recommendations on centre-state fiscal relations. The 16th Finance Commission's report, chaired by Dr. Arvind Panagariya, was tabled in Parliament on February

Sixteenth Finance Commission: Latest news on 16th Finance Commission

16th Finance Commission

The Finance Commission, a constitutional body formed by the President every five years, provides recommendations on centre-state fiscal relations. The 16th Finance Commission's report, chaired by Dr. Arvind Panagariya, was tabled in Parliament on February 1, 2026. It covers the five-year award period from 2026-27 to 2030-31.

Page 11 - Finance Commission

Cabinet approves 15th Finance Commission, to be in place by 2020