Article 281 of CoI : Article 281: Recommendations of the Finance Commission.
CoI
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Explanation using Example
Example 1:
Scenario: The Finance Commission recommends increasing the share of tax revenue allocated to a particular state due to its increased expenditure on healthcare.
Explanation: The Finance Commission submits its recommendation to the President, suggesting that the state of Maharashtra should receive a higher percentage of the central tax revenue to support its healthcare initiatives. The President then prepares an explanatory memorandum detailing the recomm...
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