Indian Constitution (Page 24)

281. Recommendations of the Finance Commission. The President shall cause every recommendation made by the Finance Commission under the provisions of this Constitution together with an explanatory memorandum as to the action taken thereon to be laid before each House of Parliament. Read Constitution of India in a systematic way.Read…

Miscellaneous Financial Provisions 282. Expenditure defrayable by the Union or a State out of its revenues. The Union or a State may make any grants for any public purpose, notwithstanding that the purpose is not one with respect to which Parliament or the Legislature of the State, as the caseRead…

283. Custody, etc, of Consolidated Funds, Contingency Funds and moneys credited to the public accounts. (1) The custody of the Consolidated Fund of India and the Contingency Fund of India, the payment of moneys into such Funds, the withdrawal of moneys therefrom, the custody of public moneys other than thoseRead…

284. Custody of suitors’ deposits and other moneys received by public servants and courts. All moneys received by or deposited with- (a) any officer employed in connection with the affairs of the Union or of a State in his capacity as such, other than revenues or public moneys raised orRead…

285. Exemption of property of the Union from State taxation. (1) The property of the Union shall, save in so far as Parliament may by law otherwise provide, be exempt from all taxes imposed by a State or by any authority within a State. (2) Nothing in clause (1) shall,Read…

286. Restrictions as to imposition of tax on the sale or purchase of goods. (1) No law of a State shall impose, or authorise the imposition of, a tax on the supply of goods or of services or both, where such supply takes place*– (a) outside the State; or (b)Read…

287. Exemption from taxes on electricity. Save in so far as Parliament may by law otherwise provide, no law of a State shall impose, or authorise the imposition of, a tax on the consumption or sale of electricity (whether produced by a Government or other persons) which is- (a) consumedRead…

288. Exemption from taxation by States in respect of water or electricity in certain cases. (1) Save in so far as the President may by order otherwise provide, no law of a State in force immediately before the commencement of this Constitution shall impose, or authorise the imposition of, aRead…

289. Exemption of property and income of a State from Union taxation. (1) The property and income of a State shall be exempt from Union taxation. (2) Nothing in clause (1) shall prevent the Union from imposing, or authorising the imposition of, any tax to such extent, if any, asRead…

290. Adjustment in respect of certain expenses and pensions. Where under the provisions of this Constitution the expenses of any court or Commission, or the pension payable to or in respect of a person who has served before the commencement of this Constitution under the Crown in India or afterRead…

290A. Annual payment to certain Devaswom Funds. A sum of forty-six lakhs and fifty thousand rupees shall be charged on, and paid out of, the Consolidated Fund of the State of Kerala every year to the Travancore Devaswom Fund; and a sum of thirteen lakhs and fifty thousand rupees shallRead…

291. [Privy purse sums of Rulers.] Rep. by the Constitution (Twenty-sixth Amendment) Act, 197l, s. 2. Read Constitution of India in a systematic way. Download Constitution of India PDF.Read…

CHAPTER II – BORROWING 292. Borrowing by the Government of India. The executive power of the Union extends to borrowing upon the security of the Consolidated Fund of India within such limits, if any, as may from time to time be fixed by Parliament by law and to the givingRead…

293. Borrowing by States. (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 byRead…

CHAPTER III – PROPERTY, CONTRACTS, RIGHTS, LIABILITIES, OBLIGATIONS AND SUITS 294. Succession to property, assets, rights, liabilities and obligations in certain cases. As from the commencement of this Constitution- (a) all property and assets which immediately before such commencement were vested in His Majesty for the purposes of the GovernmentRead…

295. Succession to property, assets, rights, liabilities and obligations in other cases. (1) As from the commencement of this Constitution- (a) all property and assets which immediately before such commencement were vested in any Indian State corresponding to a State specified in Part B of the First Schedule shall vestRead…