Article 243I Constitution of Finance Commission to review financial position

Article 243I Constitution of Finance Commission to review financial position

(1) The Governor of a State shall, as soon as may be within one year from the commencement of the Constitution (Seventy-third Amendment) Act, 1992, and thereafter at the expiration of every fifth year, constitute a Finance Commission to review the financial position of the Panchayats and to make recommendations to the Governor as to—

(a) the principles which should govern—

(i) the distribution between the State and the Panchayats of the net proceeds of the taxes, duties, tolls and fees leviable by the State, which may be divided between them under this Part and the allocation between the Panchayats at all levels of their respective shares of such proceeds;

(ii) the determination of the taxes, duties, tolls and fees which may be assigned to, or appropriated by, the Panchayats;

(iii) the grants-in-aid to the Panchayats from the Consolidated Fund of the State;

(b) the measures needed to improve the financial position of the Panchayats;

(c) any other matter referred to the Finance Commission by the Governor in the interests of sound finance of the Panchayats.

(2) The Legislature of a State may, by law, provide for the composition of the Commission, the qualifications which shall be requisite for appointment as members thereof and the manner in which they shall be selected.

(3) The Commission shall determine their procedure and shall have such powers in the performance of their functions as the Legislature of the State may, by law, confer on them.

(4) The Governor shall cause every recommendation made by the Commission under this article together with an explanatory memorandum as to the action taken thereon to be laid before the Legislature of the State.

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Constitution Of India Part 9 The Panchayats – Articles 243 to 243-O


Article 243 of Indian Constitution – The Panchayats
Article 243, 243A, 243B, 243C, 243D, 243E, 243F, 243G, 243H, 243I, 243J, 243K, 243L, 243M, 243N, 243O of Indian Constitution: The Panchayats Article 243 The ...
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Article 243A Gram Sabha A Gram Sabha may exercise such powers and perform such functions at the village level as the Legislature of a State ...
Article 243B Constitution of Panchayats
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Article 243C Composition of Panchayats
Article 243C Composition of Panchayats (1) Subject to the provisions of this Part, the Legislature of a State may, by law, make provisions with respect ...
Article 243D Reservation of seats
Article 243D Reservation of seats (1) Seats shall be reserved for— (a) the Scheduled Castes; and (b) the Scheduled Tribes, in every Panchayat and the ...
Article 243E Duration of Panchayats
Article 243E Duration of Panchayats (1) Every Panchayat, unless sooner dissolved under any law for the time being in force, shall continue for five years ...
Article 243F Disqualifications for membership
Article 243F Disqualifications for membership (1) A person shall be disqualified for being chosen as, and for being, a member of a Panchayat— (a) if he ...
Article 243G Powers, authority and responsibilities of Panchayats
Article 243G Powers, authority and responsibilities of Panchayats Subject to the provisions of this Constitution, the Legislature of a State may, by law, endow the ...
Article 243H Powers to impose taxes by, and Funds of, the Panchayats
Article 243H Powers to impose taxes by, and Funds of, the Panchayats The Legislature of a State may, by law,— (a) authorise a Panchayat to ...
Article 243I Constitution of Finance Commission to review financial position
Article 243I Constitution of Finance Commission to review financial position (1) The Governor of a State shall, as soon as may be within one year ...
Article 243J Audit of accounts of Panchayats
Article 243J Audit of accounts of Panchayats The Legislature of a State may, by law, make provisions with respect to the maintenance of accounts by ...
Article 243K Elections to the Panchayats
Article 243K Elections to the Panchayats (1) The superintendence, direction and control of the preparation of electoral rolls for, and the conduct of, all elections ...
Article 243L Application to Union territories
Article 243L Application to Union territories The provisions of this Part shall apply to the Union territories and shall, in their application to a Union ...
Article 243M Part not to apply to certain areas
Article 243M Part not to apply to certain areas (1) Nothing in this Part shall apply to the Scheduled Areas referred to in clause (1), ...
Article 243N Continuance of existing laws and Panchayats
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Article 243O Bar to interference by courts in electoral matters
Article 243O Bar to interference by courts in electoral matters Notwithstanding anything in this Constitution,— (a) the validity of any law relating to the delimitation ...

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