Committees and commissions
What did the 15th Finance Commission recommend?
The 15th Finance Commission, chaired by N K Singh (2020), reported on Union-State tax devolution 2021-26.
The detail
| Chair | N K Singh |
|---|---|
| Year | 2020 |
| Subject | Union-State tax devolution 2021-26 |
| GS paper | GS-III |
41% vertical devolution to states (after J&K reorganisation); demographic performance and forest cover in the horizontal formula.
| Chair | Arvind Panagariya |
|---|---|
| Year | 2025 |
| Subject | Union-State devolution 2026-31 |
| GS paper | GS-III |
Report submitted November 2025 (tabled February 2026): 41% vertical devolution to states retained for 2026-31; the horizontal formula and southern states' share remain the live dispute.
Source: en.wikipedia.org/wiki/Fifteenth_Finance_Commission · en.wikipedia.org/wiki/Sixteenth_Finance_Commission
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