New Delhi: Chairman of the 16th Finance Commission Arvind Panagariya on Monday submitted to President Droupadi Murmu the panel’s report, recommending the share of states in the net tax collected by the Centre over five years beginning April 1, 2026. The report will be tabled in Parliament during its upcoming Winter Session from December 1 and made public thereafter. “Members of the 16th Finance Commission, led by its Chairman, Arvind Panagariya, called on President Droupadi Murmu and submitted the Commission’s report for 2026-31,” Rashtrapati Bhavan said in a post on X.

Led by Panagariya, Finance Commission members — retired bureaucrat Annie George Mathew, economist Manoj Panda, SBI Group Chief Economic Advisor Soumya Kanti Ghosh and RBI Deputy Governor T Rabi Sankar — and Secretary to t

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