Indian Polity · Polity
The State Finance Commission constituted under Article 243-I recommends principles governing which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The distribution of net proceeds of taxes between the Union and the States
- 2The distribution of net proceeds of taxes between the State and local bodies✓
- 3The allocation of grants-in-aid to States from the Consolidated Fund of India
- 4The financial regulation of public sector enterprises in the State
Correct answer
The distribution of net proceeds of taxes between the State and local bodies
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