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      Question

      Under the 16th Finance Commission recommendations, what

      is the StatesтАЩ share in the divisible pool of central taxes?
      A 35% Correct Answer Incorrect Answer
      B 40% Correct Answer Incorrect Answer
      C 41% Correct Answer Incorrect Answer
      D 42% Correct Answer Incorrect Answer
      E 45% Correct Answer Incorrect Answer

      Solution

      The StatesтАЩ share in the divisible pool is set at 41%, the same as under the 15th Finance Commission. The divisible pool is defined as gross tax revenue minus cess, surcharge, and collection cost. This share determines how much of the CentreтАЩs net divisible tax proceeds are distributed to states through tax devolution.

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