Who appoints finance commission
Date: 05 Feb 2011 Posted By:
Who appoints the finance Commission? What are the functions of the
and make money!
View All Answers:
06 Feb 2011 Member Level:
Points : 2
The Finance Commission is appointed by the President.
Functions of the Finance Commission include:
Finance Commission duty is to recommend president regarding:
1)Distribution of net proceeds of taxes between the Union and the State.
2)Evaluating increase in the consolidated fund of a state to affix resources of Municipalities.
3)Evaluating increase in the consolidated fund of a state to affix resources of Panchayat.
26 Feb 2011 Member Level:
Points : 2
According to 280 th article the President of India appoints finance commission once for every five years .Till now 11 finance commissions are completed ,presently 12 th finance commission is appointed under the chairmanship of Sri C.Rangarajan by the President .In commission 4 members also appoints along with chairman.The main function of finance commission is the distribution of taxses share between states and central government.
Post answer or solution to "Who appoints finance commission"
from Google AdSense and our revenue sharing programs by posting valid answers for this question.
to post a response.
Eligibility for CBI Officer job in india
What is the package of Lecturer/AP/Prof in Engg. college
Importance of E-governance
What is difference between LOKSABHA and RAJYASABHA?
Criteria for Presidents Rule
What are Left parties in India?
What is the subsidy given by government for particular purpose?
Nda upsc age limit
Return to Question Index
Ask Question to Experts
Subscribe to Email
Get Jobs by Email
Forum posts by Email
Articles by Email
Awards & Gifts
Pravat Kumar ...
Last 7 Days
V K Mahato
ISC Technologies, Kochi - India. Copyright © All Rights Reserved.