| Category | Details |
|---|---|
| Event | Sixteenth Finance Commission (XVIFC) Report Submission |
| Date of Submission | 17 November 2025 |
| Submitted To | President of India |
| Award Period | 1 April 2026 - 31 March 2031 |
| Constitutional Basis | Article 280 of the Indian Constitution |
| Chairman | Dr. Arvind Panagariya (ex-Vice Chairman, NITI Aayog) |
| Members | Smt. Annie George Mathew, Dr. Manoj Panda, Shri T. Rabi Sankar, Dr. Soumyakanti Ghosh |
| Secretary | Shri Ritvik Pandey |
| Key Focus Areas | Vertical & horizontal devolution, grants-in-aid, disaster risk financing, local body financing |
| Report Structure | Volume I (Recommendations), Volume II (Annexures & Data Tables) |
| Next Steps | Report to be tabled in Parliament under Article 281 |
| Consultation Process | Engagements with Union/State Govts, local bodies, experts, institutions |
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