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The Constitution of India in English 2026: page 193

The Constitution of India in English 2026, India Code delivered snapshot ed1820c0a1100c2c, physical page 193, typed edition 223d395df4de00897c78a4c0a752b32348d86f7c4f7013254fd4e03da46ceca0. Unreviewed extraction.

Source: official India Code PDF · catalog record. Fetched 2026-10-19T23:32:36Z. SHA-256 ed1820c0a1100c2c6aa8ece835a8c8a60f996ae7eba30cc1798233683c66cfba.

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Source cover/preface date: 10th September, 2026. Preface amendment statement: Constitution (One Hundred and Sixth Amendment) Act, 2023. Embedded PDF title: Constitution of India_ 20 MAY 2026 (final).pdf. These are distinct source labels, not currentness or commencement approval.

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162                    THE CONSTITUTION OF INDIA
                   (Part XII.—Finance, Property, Contracts and Suits)

               (a) between the Government of India and one or more States; or
               (b) between the Government of India and any State or States on
       one side and one or more other States on the other side; or
               (c) between two or more States,
arising out of the recommendations of the Council or implementation thereof.]
       280. Finance Commission.—(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
                                                          e
requisite for appointment as members of the Commission and the manner in
which they shall be selected.                        od
       (3) It shall be the duty of the Commission to make recommendations to
                                                aC
the President as to—
                                            di
               (a) the distribution between the Union and the States of the net
                                        In
       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).

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