2 Constitution, Polity, Social Justice & International Relations · 2.2.4 Centre–State relations

2.2.4.3 Financial relations

Part XII divides taxing powers between the Union and the states, shares Union taxes with the states through the Finance Commission, and fills the gap with grants, while GST is now shared through the GST Council.

  • APPSC Group 1
  • Advanced level
  • 10 min read
  • Full course

Key terms

  • distribution of taxes
  • divisible pool
  • Finance Commission
  • grants-in-aid
  • Article 275
  • Article 282
  • GST Council
  • borrowing
  • tax exemptions
  • special category status

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. AP angleStandard
  5. Mains writingMains writing
  6. Common trapsFoundation
  7. Quick revisionFoundation

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