[Solved] The deciding authority of States share in central taxes is the –

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Q.	The deciding authority of States share in central taxes is the –
A.	Finance Commission
B.	Planning Commission
C.	Election Commission
D.	Finance Minister
Answer» A. Finance Commission
Explanation: Functions of the Finance Commission can be explicitly stated as: distribution of net proceeds of taxes between Centre and the States, to be divided as per their respective contributions to the taxes; determine factors governing Grants-in Aid to the states and the magnitude of the same; and work with the State Finance Commissions and suggest measures to augment the Consolidated Fund of the States so as to provide additional resources to Panchayats and Municipalities in the state.

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Indian Polity and Constitution (GK)

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