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Which of the following articles deals with the Finance Commission that distributes taxes between the Centre and State?
Article 281
Article 283
Article 282
Article 280
Article 280
Article 280 of the Indian Constitution provides for the establishment of a Finance Commission by the President of India every five years (or earlier). Its primary function is to make recommendations on the distribution of net tax proceeds between the Union and the States, as well as among the States themselves.
Article 280 of the Indian Constitution provides for the establishment of a Finance Commission by the President of India every five years (or earlier). Its primary function is to make recommendations on the distribution of net tax proceeds between the Union and the States, as well as among the States themselves.
Article 280 (Part XII) тАФ Finance Commission of India
Article 280 provides for a Finance Commission as a quasi-judicial body.
The Commission consists of a Chairman and 4 other members appointed by the President.
The 1st Finance Commission was constituted in 1951 under the chairmanship of K.C. Neogy.
Option A (Article 281) deals with the recommendations of the Finance Commission and laying them before Parliament.
Option B (Article 283) deals with the custody of Consolidated Funds, Contingency Funds, and moneys credited to public accounts.
Option C (Article 282) deals with discretionary grants that can be made by the Union or a State for any public purpose.
The 16th Finance Commission was constituted under the chairmanship of Dr. Arvind Panagariya.
D is correct тАФ Article 280 of the Indian Constitution empowers the President to constitute a Finance Commission for recommending the distribution of taxes between the Centre and the States.
Questions on Constitutional Bodies often pair Article 280 (Finance Commission) with Article 324 (Election Commission) and Article 315 (UPSC). Memorize these core article numbers together.