| Agency Name: | SixteenthFinance Commission |
| Region Code: | IN |
| Nativename: | 16वां वित्त आयोग |
| Type: | Commission |
| Seal: | Emblem of India.svg |
| Superseding: | Seventeenth Finance Commission |
| Jurisdiction: | Whole of India |
| Headquarters: | 16thFinance Commission, Jawahar Vyapar Bhawan, Tolstoy Marg, New Delhi |
| Minister1 Name: | Nirmala Sitharaman |
| Minister1 Pfo: | Minister of Finance |
| Chief1 Name: | Arvind Panagariya |
| Chief1 Position: | Chairman |
| Chief2 Name: | Ajay Narayan Jha |
| Chief2 Position: | Member |
| Chief3 Name: | Annie George Mathew |
| Chief3 Position: | Member |
| Chief4 Name: | Manoj Panda |
| Chief4 Position: | Member |
| Chief5 Name: | Soumya Kanti Ghosh |
| Chief5 Position: | Part-Time Member |
| Chief6 Name: | Ritvik Ranjanam Pandey |
| Chief6 Position: | Secretary |
| Parent Department: | Department of Economic Affairs, Ministry of Finance, Government of India |
Sixteenth Finance Commission is the Finance Commission constituted by the Government of India under Article 280 of Constitution. Arvind Panagariya has been appointed as the Chief of the Commission with the main task of determining revenue sharing between Central Government and State Government for a period of five years from April 1, 2026.
Sixteenth Finance Commission was formed under Article 280 of the constitution[1] for determining the sharing of tax revenues between Union Government of India and States for five year period starting from 1 April 2026,[2] [3] determining the principles for granting of the aid from the Consolidated Fund of India to states and implementation of various measures for augmenting the resources of Consolidated Fund to meet the requirements of Panchayats and Municipalities of states.[4] [5]
The Sixteenth Finance Commission comprises a chairman and various members that are appointed by the president of India. It also consists of one secretary post. The composition is as follows:[6]
The tenure of each finance commission is five years.[12]