Karnataka is set to lose about ₹10,000 to ₹15,000 crore due to 16th FC’s recommendation, says Siddaramaiah

2026-02-01 - 17:35

“When Karnataka’s share in the divisible pool of central taxes fell from 4.71% under the 14th Finance Commission to 3.64% under the 15th Finance Commission, the estimated loss was over 23% in revenue,” he pointed out.