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Which of the following authorities makes recommendation to the governor of a state as to the principles for determining the taxes and duties which may be appropriated by the panchayats in that particular state.
District planning committees
State Finance Commission
Finance ministry of the state
Panchayati Raj Ministry of that State
Article 243I of the Indian Constitution prescribes that 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. Article 243Y of the Constitution further provides that the Finance Commission constituted under Article 243 I shall make similar recommendation vis-a-vis municipalities.
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