The following constitutional provisions lay down the distribution of financial resources between the governments of both the levels: 1) Article 268 mentions taxes that are levied by the Centre but kept by the States, such as stamp duties. 2)  Article 269 mentions taxes levied and collected by the Centre but assigned for the States. It includes taxes on the sale and purchase of goods as well as taxes on consignment of goods. Taxes include central sales tax, estate duty tax etc. 3) Article 270 mentions taxes levied and distributed between the Centre and the States. It includes the major tax on income, and also basic customs duty, excise duty on non-GST items. Article 270 also lays down the procedure for appropriation of certain taxes, and any surcharge on taxes or duties levied as per Article 271, or any specific cess. 4)  Articles 273, 275 and 282 mention grants-in-aid by the Centre to the States. Article 273 was relevant only up till a period of 10 years from the commencement of the Constitution, while 275 talks about statutory grants and 282 discretionary grants. 5)  Article 276 levies tax on professions, employments, trades and callings, but the total amount is not to exceed 2500 rupees per year. As per Article 277, any taxes or cesses levied before the commencement of the Constitution by the government of any state or municipality in a lawful manner, they would continue to be levied as long as the Parliament does not come out with any law against the same.