Competitive Exams: Political Science Study Material Part 12

Part XII

Finance, Property, Contracts And Suits

Distribution of Revenues between the Union and the States

  • Articles
  • 268 Duties levied by the Union but collected and appropriated by the State.
  • 269 Taxes levied and collected by the Union but assigned to the States.
  • 270 Taxes levied and distributed between the Union and the States.
  • 271 Surcharge on certain duties and taxes for purposes of the Union.
  • 272 [Repealed. ]
  • 273 Grants in lieu of export duty on jute and jute products.
  • 274 Prior recommendation of President required to Bills affecting taxation in which States are interested.
  • 275 Grants from the Union to certain States.
  • 276 Taxes on professions, trades, callings and employments.
  • 277 Savings.
  • 278 [Repealed]
  • 279 Calculation of net proceeds, etc.
  • 280 Finance Commission.
  • 281 Recommendations of the Finance Commission.
  • 282 Expenditure payable by the Union or a State out of its revenues.
  • 283 Custody, etc. of Consolidated Funds, Contingency Funds and moneys credited to the public accounts.
  • 284 Custody of suitors'deposits and other moneys received by public servants and courts.
  • 285 Exemption of property of the Union from State taxation.
  • 286 Restrictions as to imposition of tax on the sale or purchase of goods.
  • 287 Exemption from taxes on electricity.
  • 288 Exemption from taxation by States in respect of water or electricity in certain cases.
  • 289 Exemption of property and income of a State from Union taxation.
  • 290 Adjustment in respect of certain expenses and pensions.
  • 290A Annual payment to certain Funds.
  • 291 [Repealed. ]