Multiple choice

The states got ______ percent share in taxes as per the 10th Finance Commission Report.

  1. 40

  2. 36

  3. 29

  4. 55

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 10th Finance Commission (1995-2000) recommended a 29% share of central taxes for states. This was part of the devolution framework for fiscal federalism in India. The percentage represents the share of central tax revenues that would be distributed to state governments.