Learn about the key terms and functions of the 16th Finance Commission, which will recommend the revenue distribution between the Centre and the States from 2026. Compare the criteria and recommendations of the 15th Finance Commission and previous commissions. 16th Finance Commission holds first meeting under Chairmanship of Dr. Arvind Panagariya in New Delhi Gazette Notification dated 30.01.2024 regarding Members of Sixteenth Finance Commision of India The Sixteenth Finance Commission was constituted on 31.12.2023 with Shri Arvind Panagariya, former Vice-Chairman, NITI Aayog as its Chairman. Now the following members are appointed to the Commission with the approval of the President of India. Who's WhoTelephone Directory- Sixteenth Finance Commission

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