Multiple choice

Who among the following has the constitutional authority to decide tax-share of the States in the total tax collected by the Centre?

  1. Finance Minister

  2. Finance Commission

  3. Planning Commission

  4. None of these

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

The Finance Commission of India is a constitutional body established under Article 280 to define the financial relations between the central government and the state governments, including the distribution of tax proceeds.