According to the 15th Finance Commission’s recommendations, how much share will Bihar receive in the divisible pool of Central taxes from 2021-26?
- A4.12 percent
- B4.23 percent
- C4.89 percent
- D4.06 percent
- ENone of the above / More than one of the above
Show answer and explanation
Correct answer: (e) None of the above / More than one of the above
Explanation
According to the recommendations of the 15th Finance Commission, from 2021–22 to 2025–26, Bihar will receive a 10.058 percent share from the divisible pool of central taxes and duties, which is the second highest among all states. The highest share among all states (17.939%) is received by Uttar Pradesh.