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What is Constitution and Formation of Finance Commission about?

The Finance Commission is a constitutional body established under Article 280 of the Indian Constitution to define financial relations between the central and state governments. It recommends the distribution of tax revenues between the two levels of government and the principles for central government grants to states. The Commission consists of a Chair and 4 members appointed by the President of India every 5 years. It has powers to call witnesses and demand documents to perform its duties of making recom

Author

Anonymous Amy6yX

Language

EN