Question

What is the power of president in finance commission?

Answer 1

Power of President in Finance Commisson are :-

•A money bill can be introduced in the parliament only with the President’s recommendation.

•The president lays the Annual Financial Statement, i.e. the Union budget, before the parliament.

•The president can take advances out of the Contingency Fund of India to meet unforeseen expenses.

•The president constitutes a Finance commission after every five years to recommend the distribution of the taxes between the centre and the States.

Hope It Helps....

Plz mark it BRAINLIEST...!!!!