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Artha Global Executive Director Niranjan Rajadhyaksha has expressed his inability to join the 16th Finance Commission due to personal reasons, the Finance Ministry said.

Finance Minister Nirmala Sitharaman met with the 16th Finance Commission Chairman, Arvind Panagariya, to discuss the commission's terms of reference. The commission will recommend tax devolution...

The 16th Finance Commission, chaired by Arvind Panagariya, held its first meeting, discussing Terms of Reference and the distribution of tax proceeds between the Union and states. The commission...

The government has appointed four members, including former expenditure secretary Ajay Narayan Jha and SBI Group Chief Economic Advisor Soumya Kanti Ghosh, to the 16th Finance Commission.