Indian Polity · Polity
What is the main role of the State Finance Commission?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To look after the elections of the panchayats and municipalities and also provide funds for those elections.
- 2The distribution and determination of the net proceeds of taxes, tolls, and fees between the state and local bodies.✓
- 3To advise the government on the legal financial matters referred to it by the President.
- 4To secure the accountability of the executive to the Parliament in the sphere of financial administration.
Correct answer
The distribution and determination of the net proceeds of taxes, tolls, and fees between the state and local bodies.
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