Indian Polity · Polity
The State Finance Commission constituted under Article 243I makes recommendations regarding the principles governing which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The distribution of taxes between the Union and the State Governments
- 2The distribution of net proceeds of taxes between the State and the Panchayats✓
- 3The allocation of financial grants from the Union directly to Municipalities
- 4The determination of corporate tax rates within the State
Correct answer
The distribution of net proceeds of taxes between the State and the Panchayats
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