Centre-state fiscal relations in India depend on the distribution of financial resources between the centre and states- Elaborate.
Centre-state fiscal relations in India play a crucial role in shaping the financial framework of the country. These relations revolve around the distribution of financial resources between the central government and the state governments. The allocation of resources is governed by various constitutional provisions, finance commission recommendations, and central government policies. Elaborating on these aspects will help us understand the dynamics of centre-state fiscal relations in India.
- Constitutional Provisions:
The Indian Constitution provides a framework for fiscal relations between the centre and the states through various articles and schedules. Some important constitutional provisions include:
a. Article 268 and 269: These articles deal with the distribution of taxes and duties between the centre and the states. Taxes on commodities like excise duties on alcoholic beverages _________ _____ _________ ___ _____ ________.
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