Skip to main content

Constitution Of India Article 280 - Finance Commission

 Description


(1) The President shall, within two years from the commencement of this Constitution and thereafter at the expiration of every fifth year or at such earlier time as the President considers necessary, by order constitute a Finance Commission which shall consist of a Chairman and four other members to be appointed by the President.

(2) Parliament may by law determine the qualifications which shall be requisite for appointment as members of the Commission and the manner in which they shall be selected.

(3) It shall be the duty of the Commission to make recommendations to the President as to:

(a) the distribution between the Union and the States of the net proceeds of taxes which are to be, or may be, divided between them under this Chapter and the allocation between the States of the respective shares of such proceeds;

(b) the principles which should govern the grants-in-aid of the revenues of the States out of the Consolidated Fund of India;

[1](bb) the measures needed to augment the Consolidated Fund of a State to supplement the resources of the Panchayats in the State on the basis of the recommendations made by the Finance Commission of the State;

[2](c) the measures needed to augment the Consolidated Fund of a State to supplement the resources of the Municipalities in the State on the basis of the recommendations made by the Finance Commission of the State;

[3](d) any other matter referred to the Commission by the President in the interests of sound finance.

(4) The Commission shall determine their procedure and shall have such powers in the performance of their functions as Parliament may by law confer on them.

-----

1. Ins. by the Constitution (Seventy-third Amendment) Act, 1992, s.3 (w.e.f. 24-4-1993).

2. Ins. by the Constitution (Seventy-fourth Amendment) Act, 1992, s.3 (w.e.f. 1-6-1993).

3. Sub-clause(c) re-lettered as sub-clause(d) by s.3, ibid. (w.e.f. 1-6-1993)

Labels:

Comments

Post a Comment

Popular posts from this blog

Understanding Counterclaims: A Comprehensive Guide

  Understanding Counterclaims: A Comprehensive Guide In legal proceedings, a counterclaim is a vital tool that allows defendants to assert their own claims against the plaintiff. This strategic maneuver not only defends against the plaintiff's allegations but also enables defendants to seek their own relief. In this comprehensive guide, we delve into the intricacies of counterclaims, exploring their purpose, procedures, and implications in various legal contexts. Introduction to Counterclaims Definition A counterclaim is a legal claim brought by a defendant against the plaintiff in response to the plaintiff's initial complaint. It serves as a means for defendants to assert their own rights, defenses, or causes of action arising from the same transaction or occurrence as the plaintiff's claim. Purpose The primary purpose of a counterclaim is to allow defendants to present their side of the story and seek appropriate remedies or relief. By filing a counterclaim, defendants ca...
7 comments
Read more

Title: Understanding "Your Complaint has been Disposed under a Closed Complaint"

  Title: Understanding "Your Complaint has been Disposed under a Closed Complaint" When you receive a notification stating "Your complaint has been disposed under a closed complaint," it signifies the closure of the complaint you filed with the respective entity or organization. This phrase is commonly used by customer service departments, grievance redressal cells, regulatory bodies, or complaint management systems to inform complainants about the resolution status of their complaint. Here's a detailed explanation of what it means and its implications: Disposition of Complaint (0-7 days) : "Disposed" indicates that the complaint has been addressed, reviewed, and resolved by the concerned authority or entity. The closure of the complaint signifies that the responsible party has taken appropriate action to address the issues raised in the complaint. Closure Status (0-7 days) : "Closed complaint" indicates that the complaint resolution process ...
9 comments
Read more

Title: Legal Recourse Against Electronic Harassment, Including V2K: Understanding Options and Rights

  Title: Legal Recourse Against Electronic Harassment, Including V2K: Understanding Options and Rights Electronic harassment, including technologies like Voice-to-Skull (V2K) and other forms of electronic harassment, can inflict significant psychological and emotional harm on individuals. Victims of such harassment often wonder if there are legal avenues available to seek redress and hold perpetrators accountable for their actions. While navigating legal action in cases of electronic harassment can be complex, understanding available options and rights is crucial. Here's a detailed exploration of the possibility of taking legal action against individuals engaged in electronic harassment: Understanding Electronic Harassment (0-7 days) : Electronic harassment encompasses a range of behaviors involving the use of electronic devices or technologies to inflict harm, including V2K, electronic surveillance, cyberstalking, and cyberbullying. V2K, in particular, refers to the transmission o...
9 comments
Read more