State Finance Commissions

URI: https://gptkb.org/entity/State_Finance_Commissions
GPTKB entity
Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:legislative_body
gptkbp:appliesTo all Indian states
gptkbp:compatibleWith Union Territories without legislatures
gptkbp:composition Chairman and other members as decided by State Government
gptkbp:establishedBy gptkb:73rd_Constitutional_Amendment_Act,_1992
gptkb:74th_Constitutional_Amendment_Act,_1992
gptkbp:establishedUnderArticle gptkb:Article_243-I
gptkb:Article_243-Y
gptkbp:firstConstitutedIn 1994
gptkbp:frequency every five years
gptkbp:GovernorAction lays report before State Legislature
gptkbp:hasTerm 5 years
https://www.w3.org/2000/01/rdf-schema#label State Finance Commissions
gptkbp:purpose recommend distribution of financial resources between state and local governments
gptkbp:recommendation Governor of the State
measures to improve financial position of local bodies
distribution of net proceeds of taxes between state and Panchayats/Municipalities
principles for grants-in-aid to local bodies
gptkbp:relatedTo gptkb:Urban_Local_Bodies
gptkb:Panchayati_Raj_Institutions
gptkbp:reportSubmittedTo gptkb:state_order
gptkbp:bfsParent gptkb:Panchayats_and_Municipalities_(added_by_73rd_and_74th_Amendments)
gptkbp:bfsLayer 5