Indian Polity · Polity
The Finance Commission of a State makes recommendations to the Governor regarding the principles governing which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Distribution of net proceeds of taxes between the State and the Centre
- 2Distribution of net proceeds of taxes between the State and the Panchayats✓
- 3Allocation of revenues between the Centre and the Municipalities
- 4Surcharges levied by the Union Government on the States
Correct answer
Distribution of net proceeds of taxes between the State and the Panchayats
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