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of <h1>India's 7th Finance Commission Sets 1979-1984 Estate Duty Distribution for Non-Agricultural Properties; Sikkim Included.</h1> The Seventh Finance Commission's recommendations, accepted by the Government of India, outline the distribution of estate duty proceeds from non-agricultural properties among states for 1979-1984. The distribution will be based on the gross value of properties located in each state, excluding properties abroad. Sikkim will receive a share when applicable. Changes in data collection and assessment forms are necessary to implement these recommendations, involving modifications to return and assessment forms to capture state-wise property data. Instructions are given for maintaining detailed registers and submitting quarterly statements to ensure compliance and accurate distribution.
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