Sensex
78,493.54 profit arw 504.86 (0.65%)
Nifty
24,353.55 profit arw 156.80 (0.65%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 01-Feb-2026
Economy - Reports
01-Feb-2026     12:14

Govt accepts recommendations of the 16th Finance Commission to retain the vertical share of tax devolution to states at 41%, says FM

The government has accepted the recommendations of the 16th Finance Commission, including retaining the vertical devolution share at 41%, Finance Minister Nirmala Sitharaman says in her Budget speech. 'I have provided Rs 1.4 lakh crore to states for 2026-27 as Finance Commission grants,' she says, adding that these include rural and urban local body grants and disaster management grants.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

78,493.54 504.86 (0.65%)

Nifty

24,353.55 156.80 (0.65%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,160.34 -233.93(-0.89%)