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In Centre state financial relations Finance Commission plays an important role. According to the Constitution the President is empowered to set up a Finance Commission after every five years to make recommendations to him about the distribution of net proceeds of taxes to be divided between the center and the states.
The principle of “ex acquo et bono” is contained in
Who is a corporate guarantor as per IBC?
Every agreement of which the object or consideration is unlawful is_____________
Who has the power to audit the accounts of the Authority under the IRDA Act?
The following rule as to consideration is true:
What is the maximum time period for which a person can be imprisoned in solitary confinement if the total duration of imprisonment is 9 months?
As per the passage distribution of powers is outlined in which provision of the constitution?
(a) 7th schedule
(b) 3 lists
...Which of the following legal systems is based on judicial precedent?
Evidence may be given in any suit or proceeding of the
A person commits the offence of undue influence at an election, he voluntarily: