Till which date has the tenure of the 16th Finance Commission been extended by the Government of India? 

The Government of India extended the tenure of the 16th Finance Commission till 30th November 2025, giving it an additional month to finalize its report for 2026–31. The commission, chaired by Dr. Arvind Panagariya, was initially due to submit recommendations by 31st October 2025. Established under Article 280 of the Constitution, the Finance Commission recommends the distribution of tax revenues between Centre and States, principles of grants-in-aid under Article 275, and measures for strengthening local bodies’ finances