Question
The Finance Commission, constituted under _____ of the
Constitution, is tasked with recommending the tax devolution between Union and States and grants-in-aid. Additionally, the 16th Finance Commission is mandated to review financing arrangements related to ___________.Solution
The Finance Commission is constituted under Article 280 of the Constitution of India. Its core functions include recommending: • Tax devolution between Union and States • Grants-in-aid to States As per its Terms of Reference, the 16th Finance Commission has been mandated to review the financing arrangements for disaster management, including funds under the Disaster Management framework.
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