Indian Polity · Polity
The State Finance Commission constituted under Article 243I of the Constitution makes recommendations regarding the distribution of net proceeds of taxes between:
- 1Neighboring State Governments
- 2The Panchayats and the Municipalities
- 3The State Government and the Panchayats✓
- 4The Union Government and the State Government
Correct answer
The State Government and the Panchayats
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