Chennai, Feb. 17 -- Tamil Nadu Finance Minister Thangam Thennarasu on Tuesday voiced strong disappointment over the recommendations of the 16th Finance Commission, stating that the report has failed to address the legitimate concerns of States regarding their share in the divisible pool of central taxes.

Speaking in the Legislative Assembly while presenting the Interim Budget, Thennarasu said that despite all States unanimously demanding a higher share in the divisible pool, the Commission has recommended retaining it at 41 per cent.

"The 16th Finance Commission had recently submitted its report and the Action taken report was placed by the Union Government in the Parliament on 01.02.2026. The 16th Finance Commission's report has been a...