https://www.taxtmi.com/acts?id=22073 The amendment substitutes the references in clause (1) of article 270 and inserts clauses (1A) and (1B) to provide that taxes collected by the Union under clause (1) of article 246A and taxes levied and collected under clause (2) of article 246A and article 269A, where applied as described, shall be distributed between the Union and the States in the manner provided in clause (2), with clause (2) specifying percentage assignment to States, exclusion from the Consolidated Fund of India, and the President/Finance Commission role in prescribing the distribution. en-us Sat, 06 Aug 2016 00:31:19 +0530 Tue, 01 Apr 2025 14:15:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22073 The amendment substitutes the references in clause (1) of article 270 and inserts clauses (1A) and (1B) to provide that taxes collected by the Union under clause (1) of article 246A and taxes levied and collected under clause (2) of article 246A and article 269A, where applied as described, shall be distributed between the Union and the States in the manner provided in clause (2), with clause (2) specifying percentage assignment to States, exclusion from the Consolidated Fund of India, and the President/Finance Commission role in prescribing the distribution. Act-Rules F. Acts / Amendment Acts Sat, 06 Aug 2016 00:31:19 +0530 https://www.taxtmi.com/acts?id=22073