Article 293 of Indian Constitution

Article 293 of Indian Constitution: Borrowing by States

Article 293 Borrowing by States – Constitution Of India

(1) Subject to the provisions of this article, the executive power of a State extends to borrowing within the territory of India upon the security of the Consolidated Fund of the State within such limits, if any, as may from time to time be fixed by the Legislature of such State by law and to the giving of guarantees within such limits, if any, as may be so fixed.

(2) The Government of India may, subject to such conditions as may be laid down by or under any law made by Parliament, make loans to any State or, so long as any limits fixed under article 292 are not exceeded, give guarantees in respect of loans raised by any State, and any sums required for the purpose of making such loans shall be charged on the Consolidated Fund of India. (3) A State may not without the consent of the Government of India raise any loan if there is still outstanding any p

art of a loan which has been made to the State by the Government of India or by its predecessor Government, or in respect of which a guarantee has been given by the Government of India or by its predecessor Government.

(4) A consent under clause (3) may be granted subject to such conditions, if any, as the Government of India may think fit to impose.


Constitution Of India Part 12 Finance, Property, Contracts And Suits – Articles 264 to 300


Article 264 of Indian Constitution

Article 264 of Indian Constitution: Interpretation Article 264 - Constitution Of India In this Part, “Finance Commission” means a Finance Commission constituted under article 280. Constitution Of India Part 12 Finance, Property, Contracts And Suits – Articles 264 to 300 ...

Article 265 of Indian Constitution

Article 265 of Indian Constitution: Taxes not to be imposed save by authority of law Article 265 Taxes not to be imposed save by authority of law - Constitution Of India No tax shall be levied or collected except by authority of law. Constitution Of India Part 12 Finance, Property, ...

Article 266 of Indian Constitution

Article 266 of Indian Constitution: Consolidated Funds and public accounts of India and of the States Article 266 Consolidated Funds and public accounts of India and of the States - Constitution Of India (1) Subject to the provisions of article 267 and to the provisions of this Chapter with respect ...

Article 267 of Indian Constitution – Contingency Fund

Article 267 of Indian Constitution: Contingency Fund Article 267 Contingency Fund - Constitution Of India (1) Parliament may by law establish a Contingency Fund in the nature of an imprest to be entitled “the Contingency Fund of India” into which shall be paid from time to time such sums as ...

Article 268 of Indian Constitution – Distribution of Revenues between the Union and the States

Article 268 of Indian Constitution: Distribution of Revenues between the Union and the States Article 268 Distribution of Revenues between the Union and the States - Constitution Of India (1) Such stamp duties and such duties of excise on medicinal and toilet preparations as are mentioned in the Union List shall ...

Article 269 of Indian Constitution

Article 269 of Indian Constitution: Taxes levied and collected by the Union but assigned to the States. Article 269 Taxes levied and collected by the Union but assigned to the States - Constitution Of India (1) Taxes on the sale or purchase of goods and taxes on the consignment of ...

 

Leave a Reply Cancel reply

Exit mobile version