💨 Abstract

The Maharashtra government requested the 16th Finance Commission to increase the states' share in India's divisible tax pool from 41% to 50%. Key demands include merging cesses and surcharges with principal taxes, incorporating union non-tax revenue into the divisible pool, and introducing new criteria like 'Sustainable Development' and 'Incremental Contribution to GDP' for horizontal tax devolution.

Courtesy: theprint.in