The correct answer is April 1, 2026, to March 31, 2031 Explanation & Key Takeaways: A meeting of the state cabinet was held under the chairmanship of Chief Minister Devendra Fadnavis. In the cabinet meeting, 8 decisions were taken for the benefit of the public. Approval was granted for the establishment of the Sixth State Finance Commission in today's meeting. In accordance with the 73rd Constitutional Amendment, it became mandatory to establish a finance commission in states to give more powers to municipalities and panchayats. As per this, the decision to establish the Sixth Finance Commission in the state was made. Under this, the Finance Commission will recommend how much fund distribution should be allocated to municipalities and panchayats for the period from April 1, 2026, to March 31, 2031, and what criteria should be followed. The Commission has been given a deadline of December 31, 2025, to submit its report on these recommendations. The Sixth Finance Commission will also be responsible for determining the principles governing the distribution of grants to municipalities and panchayats from the state's consolidated fund, and suggesting necessary measures to improve their financial situation. The Commission may also make recommendations regarding good practices for fund management in local self-governing bodies.