16th finance commission: The 16th Finance Commission

The 16th Finance Commission may review the financing arrangements for Disaster Management initiatives and make recommendations concerning funds constituted under the Disaster Management Act, 2005. The 16th Finance Commission is expected to make its report available by October 31, 2025, covering five years commencing on April 1, 2026. Who's WhoTelephone Directory- Sixteenth Finance Commission The Finance Commission normally takes about two years to make their recommendations. As per the clause (1) of article 280 of the Constitution, the Finance Commission is to be constituted every fifth year or earlier. However, as the recommendations of the 15th FC cover the six-year period up to 31st March 2026, the 16th FC is proposed to be constituted now. This will enable the Finance Commission to consider and appraise the finances of the Union and the States for the period immediately ... As per the clause (1) of article 280 of the Constitution, the Finance Commission is to be constituted every fifth year or earlier. However, as the recommendations of the 15th FC cover the six-year period up to 31st March 2026, the 16th FC is proposed to be constituted now.