The Eleventh Finance Commission of India was appointed by the President on 3 July 1998 for the period 2000-2005.
The Commission was asked to make recommendations to the President with regard to the following:-
With regard to the terms of reference the following were the recommendations made by the Commission:
The Commission recommended that each State be given a share as specified the net proceeds of all shareable union taxes and duties except the expenditure tax and service tax.
Data for percentage share for certain states is Bihar-14.597, Maharashtra-4.632, Kerala-3.057, Uttar Pradesh-19.798, Punjab-1.147