Indian Polity · Local Self Government
The Finance Commission constituted under Article 243-I recommends principles governing the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Distribution of taxes between the Union and States
- 2Distribution of taxes between the State and local bodies✓
- 3Grant-in-aid to States from the Consolidated Fund of India
- 4Regulation of financial markets
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Distribution of taxes between the State and local bodies
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