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The Finance Commission of India is a constitutional body established under Article 280 of the Constitution of India. Its primary function is to recommend the distribution of financial resources between the Union and the States, ensuring fiscal federalism and equitable sharing of resources. The Finance Commission plays a pivotal role in maintaining financial stability and promoting balanced development across different regions of the country. One of the main functions of the Finance Commission is to determine the distribution of net proceeds of taxes between the Union and the States. _______ _______ _________ ________ _____ _____ _________ ___ ___ __________ ____.
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