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The Finance Commission

The finance commission is a quasi-judicial body and our Constitution provides a finance commission in order to advise the president in exercise of his powers under Articles 270 (2) and (3); 275; 278 (2) and 306. The president of India is required to appoint the commission from time to time. Article 280 (i) says that ‘The president shall within two years from the commencement of this Constitution and thereafter at the expiration of every fifth year or at such earlier time as the president considers necessary, by order constitute a finance commission which shall consist of a chairman and four other members to be appointed by the President.’

The Appointment of Finance Commission

The finance commission is appointed by an ...

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