Question

As per recommendations of the Twelfth Finance Commission, percentage share of states of the shareable central taxes is:

  1. 28.5
  2. 29.5
  3. 30.5
  4. 32.4

Answer:

Option C: 30.5

Detailed Solution:

The correct answer is “30.5”.

As per the recommendations of the Twelfth Finance Commission, the percentage share of states of the shareable central taxes is: (3) 30.5