India, May 9 -- Maharashtra has joined the growing demand for an increase in the state's share of the divisible tax pool, to 50%, from the current 41%. A memorandum of demands was presented to the 16th Finance Commission by chief minister Devendra Fadnavis at a meeting in Mumbai on Thursday. During its presentation, the state said performing states deserve a higher allocation from the divisible pool.

The demand is on the lines of Gujarat, Haryana, Tamil Nadu, Karnataka, Telangana, Kerala and Odisha, among others, said Arvind Panagariya, chairperson of the commission, on Thursday.

The divisible tax pool comprises taxes collected by the central government and shared between the centre and the states. Surcharges and cesses are not part of ...