The implications of emergencies on centre-state financial relations are as follows: During National Emergency During national emergency under article 352, the President can modify the distribution of revenues...
There are certain provisions in the constitution on ‘immunity from mutual taxation’. These are as follows: Exemption of Central Property from State Taxation The property of Centre is...
Regarding borrowings by states and centre; the following are specific provisions in the constitution. The Central government can borrow either within India or outside India upon the security...
To protect the interest of states in the financial matters, the following bills can be introduced only on recommendation of president: A bill which imposes or varies any...
The distribution of financial functions and powers are mainly discussed in articles 264 to 293; and no other federal Constitution has made such elaborate provisions as Constitution of...
The powers related to administrative functions have been mainly provided in articles 256 to 263 of part XI of the constitution. Here is a brief idea of these...
The legislative functions of union and states are discussed mainly in article 245 to 255 in Part XI of the constitution. Here is a brief idea of these...
On the basis of relations between the central government and the units, the governments are classified as unitary and federal. In a unitary system of government, all powers...
Apart from distribution of taxes between centre and states, the constitution provides for mainly two types of grants-in-aid viz. statutory grants and discretionary grants: Statutory Grants Article 275...
Article 268 to 281 in the constitution of India deal with the distribution of tax revenues. These articles have been amended from time to time, for example 88th...
There are several articles in the constitution of India which define the financial relations between Union and States. Since GST bills involve a huge interest of the state...
Constitution (100th Amendment) Act 2015 ratified the land boundary agreement between India and Bangladesh. The act amended the 1st schedule of the constitution to exchange the disputed territories...