However, the 15th Finance Commission's framework envisions a phased reduction, pushing states to align their revenue and expenditure. “The Finance Commission determines post-devolution revenue ...

"When it comes to vertical devolution, like most other states, Maharashtra has asked that the share to states in Union tax revenue be increased from 41%, as it was in the 15th finance commission ...

Due to the delay in holding the election, the Finance Commission of India did not release ₹2,100 crore to the local bodies. The term of the 15th Finance Commission would end in March 2026.