Indian Polity · Polity
The State Finance Commission constituted under Article 243-I of the Constitution makes recommendations on which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The principles governing the grants-in-aid to the states from the Consolidated Fund of India
- 2The distribution of net proceeds of taxes between the Union and the States
- 3The distribution of net proceeds of taxes between the State and the Panchayats✓
- 4The principles governing fiscal transfers to Union Territories
Correct answer
The distribution of net proceeds of taxes between the State and the Panchayats
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