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The Economic Times

Top News / The Economic Times

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Opposition-ruled South has reasons to cheer with higher tax share on its way

The 16th Finance Commission's recommendations will increase central tax devolution to southern states in 2026-27, with Andhra Pradesh, Karnataka, Kerala, and Tamil Nadu set to receive thousands of crores more. While some states acknowledge the increase, Karnataka's Chief Minister expressed disappointment, citing a reduced share of divisible taxes.

1 Feb 2026 10:05 pm