Recently Arvind Panagariya has been made the Chairman of the 16th Finance Commission.

Recently Arvind Panagariya has been made the Chairman of the 16th Finance Commission.

Daily Current Affairs / Recently Arvind Panagariya has been made the Chairman of the 16th Finance Commission.

Change Language English Hindi

Category : Appointment/Resignation Published on: January 02 2024

Share on facebook

The 16th Finance Commission was constituted by the President in December 2023.
Arvind Panagariya has been made the Chairman of the 16th Finance Commission.
Arvind Panagariya has been the former Vice Chairman of NITI Aayog.
This Finance Commission will submit its report to the President by October 31, 2025.
This commission will give recommendations for the next 5 years from April 1, 2026.
Finance Commission is a constitutional institution.
It is formed under Article 280 of the Constitution.
Its function is to recommend the distribution of taxes between the Center and the states and to decide the framework for distribution of taxes among the states.
N. K. Singh was made Chairman of the 15th Finance Commission.
K. C. Niyogi was the chairman of the first Finance Commission constituted in the year 1951.

Recent Post's

India won the ICC Champions Trophy 2025, defeating New Zealand by 4 wickets to claim their third title and first ICC ODI trophy in 12 years.
Read More....
Bangalore City University will be renamed after former Prime Minister Manmohan Singh.
Read More....
NMDC appoints Amitava Mukherjee as Chairman & Managing Director.
Read More....
HDFC Bank signed an MoU with the Indian Air Force and CSC Academy; launched Project HAKK (Aerial Experience Welfare Center).
Read More....
Punjab launches 'Project Hifazat' to support women facing violence.
Read More....
Federal Bank appoints Vidya Balan as its brand ambassador.
Read More....
Barbados honored PM Narendra Modi with its highest national award, the 'Honorary Order of Freedom of Barbados,' for his leadership and support during the COVID-19 pandemic.
Read More....
Government appoints Vikas Kaushal as the Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL). ।
Read More....
India's Pranav Venkatesh won the World Junior Chess Championship (U-20).
Read More....
DPIIT and Mercedes-Benz India signed an MoU to boost innovation, sustainability, and entrepreneurship in India's startup ecosystem.
Read More....