Finance Commission:

CA Foundation · Business Economics · MTP · April 2025
Finance Commission:
(A) A. Is a Statutory Body
(B) B. Recommends the distribution of taxes between Union and States
(C) C. Cannot decide on principles related to Grants in Aid given by Union to States
(D) D. All of the above

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Recommends the distribution of taxes between Union and States

Topics: Public Finance

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