Is finance commission is a constitutional body?

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1060280

2026-08-04 08:55

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Yes, the Finance Commission is a constitutional body in India, established under Article 280 of the Constitution. Its primary role is to recommend the distribution of tax revenues between the central government and the states, as well as among the states themselves. The Finance Commission is constituted every five years or earlier, as needed, to address the financial needs and fiscal challenges of the country.

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