2/5/2026: NUMBER THEORY: 2 16th FC has kept pecking order of states in terms of horizontal share but reversed direction of change between 11th and 15th FC

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This is the most important takeaway of the 16th FC awards. If states were ranked by their horizontal share in central taxes, the rankings are almost unchanged from the 15th FC awards. However, what is different is the fact that the direction has now…

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