State Finance Commissions for local bodies

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constitutional body fiscal federalism institution state-level commission

State Finance Commissions for local bodies are state-level constitutional bodies in India tasked with reviewing the financial position of rural and urban local governments and recommending how revenues should be shared between the state and these local bodies.

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Statements (52)

Predicate	Object
instanceOf	constitutional body ⓘ fiscal federalism institution ⓘ state-level commission ⓘ
beneficiary	Block Panchayats NERFINISHED ⓘ District Panchayats NERFINISHED ⓘ Gram Panchayats NERFINISHED ⓘ Municipal Corporations NERFINISHED ⓘ Municipal Councils ⓘ Nagar Panchayats NERFINISHED ⓘ
compositionDeterminedBy	state legislature ⓘ
constitutionalArticle	Article 243-I NERFINISHED ⓘ Article 243-Y ⓘ
constitutionalBasis	Part IX of the Constitution of India NERFINISHED ⓘ Part IX-A of the Constitution of India NERFINISHED ⓘ
country	India ⓘ
establishedBy	Seventy-fourth Amendment of the Constitution of India NERFINISHED ⓘ Seventy-third Amendment of the Constitution of India NERFINISHED ⓘ
governedBy	state-specific State Finance Commission Acts or notifications ⓘ
headedBy	chairperson appointed by state government ⓘ
jurisdiction	Municipalities ⓘ Panchayats ⓘ rural local bodies ⓘ urban local bodies ⓘ
legalStatus	mandatory constitutional requirement for each state ⓘ
levelOfGovernment	state government ⓘ
linkedProcess	local government planning and budgeting ⓘ state budgetary process ⓘ
membersAppointedBy	Governor of the state ⓘ
objective	align local body functions with adequate financial resources ⓘ reduce fiscal dependence of local bodies on ad hoc state transfers ⓘ
output	recommended formula for horizontal distribution among local bodies ⓘ recommended formula for vertical devolution between state and local bodies ⓘ report with recommendations on local body finances ⓘ
primaryFunction	recommend distribution of financial resources between state and local bodies ⓘ recommend grants-in-aid to local bodies from the state consolidated fund ⓘ recommend measures to improve financial position of local bodies ⓘ recommend principles for sharing taxes and fees between state and local bodies ⓘ review financial position of Municipalities ⓘ review financial position of Panchayats ⓘ
purpose	enhance autonomy of local self-government institutions ⓘ ensure predictable and transparent transfers to local governments ⓘ strengthen fiscal decentralization ⓘ
recommendationsUse	basis for devolution of funds to Municipalities ⓘ basis for devolution of funds to Panchayats ⓘ
relatedTo	Central Finance Commission of India NERFINISHED ⓘ
reportFrequency	every five years ⓘ
reportsTo	Governor of the state ⓘ
scope	fees and tolls collected by local bodies ⓘ grants-in-aid from state government to local bodies ⓘ measures for improving local body revenues ⓘ state taxes assigned to or shared with local bodies ⓘ
timeFrame	constituted at the expiration of every fifth year ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

74th Constitutional Amendment Act of India → providesFor → State Finance Commissions for local bodies ⓘ