Which among the following is responsible for revenue sharing between the State Government and Local Government?

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State Finance Commission. State Finance Commission is mentioned in Article 243(I) of the Constitution. The functions of State Finance Commission are- (i) The distribution of the net proceeds of the taxes, duties, tolls and fees livable by the State between the State and the Panchayats, which may be divided between them 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 as or appropriated by the Panchayats. (iii) The grants-in-aid to the Panchayats from the Consolidated Fund of the State.

Which among the following is responsible for revenue sharing between the State Government and Local Government?

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