Which Constitutional Article provides for establishment of Finance Commission of India every five years Constitutionally?
Article 280
Article 280 of the Indian Constitution provides for the establishment of the Finance Commission.
Under this Article, the President constitutes a Finance Commission every fifth year, or earlier if required, headed by a chairman and consisting of four other members.
Its main task is to recommend the distribution of tax revenues between the Union and the States and the principles governing grants-in-aid.
Hence, the correct provision is Article 280.
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