पहले वित्त आयोग का गठन हुआ था ।
Channel: BLESSING STUDY POINT
Date: 2022-09-05

पहले वित्त आयोग का गठन हुआ था ।
जवाबःः- 1951 ई0 में

The first Finance Commission was constituted.
 Answer:- In 1951 AD


The First Finance Commission was constituted vide Presidential Order dated 22.11. 1951 under the chairmanship of Shri K.C. Neogy on 6th April, 1952. Fifteenth Finance Commissions have been Constituted so far at intervals of every five years.
  The Finance Commission is constituted by the President under article 280 of the Constitution, mainly to give its recommendations on distribution of tax revenues between the Union and the States and amongst the States themselves. Two distinctive features of the Commission’s work involve redressing the vertical imbalances between the taxation powers and expenditure responsibilities of the centre and the States respectively and equalization of all public services across the States.