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Government sets stage for new finance commission

IndiaTimes Tuesday, 7 November 2023
The Indian government has initiated the formation of the 16th Finance Commission to evaluate the financial status of states and the Centre for tax-sharing purposes. The commission is expected to be announced after the assembly elections and Ritvik Ranjanam Pandey, an IAS officer, has been appointed as an officer on special duty for the commission's "advance cell." The commission's establishment must be approved by the Union cabinet, which will determine its terms of reference.
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