Constitution of India · Articles 264–300A
Part XII: Finance, Property, Contracts and Suits
All 42 articles of Part XII, with their official text and explanations.
42 articles4 chapters
Chapter I — Finance · General
Chapter I — Finance · Distribution of Revenues between the Union and the States
- Art. 268Duties levied by the Union but collected and appropriated by the States
- Art. 268AArticle 268A
- Art. 269Taxes levied and collected by the Union but assigned to the States
- Art. 269ALevy and collection of goods and services tax in course of inter-State trade or commerce
- Art. 270Taxes levied and distributed between the Union and the States
Chapter I — Finance · Finance Commission
- Art. 271Surcharge on certain duties and taxes for purposes of the Union
- Art. 272Taxes which are levied and collected by the Union and may be distributed between the Union and the States
- Art. 273Grants in lieu of export duty on jute and jute products
- Art. 274Prior recommendation of President required to Bills affecting taxation in which States are interested
- Art. 275Grants from the Union to certain States
- Art. 276Taxes on professions, trades, callings and employments
- Art. 277Savings
- Art. 278Agreement with States in Part B of the First Schedule with regard to certain financial matters
- Art. 279Calculation of "net proceeds", etc
- Art. 279AGoods and Services Tax Council
- Art. 280Finance Commission
- Art. 281Recommendations of the Finance Commission
Chapter I — Finance · Miscellaneous Financial Provisions
- Art. 282Expenditure defrayable by the Union or a State out of its revenues
- Art. 283Custody, etc., of Consolidated Funds, Contingency Funds and moneys credited to the public accounts
- Art. 284Custody of suitors' deposits and other moneys received by public servants and courts
- Art. 285Exemption of property of the Union from State taxation
- Art. 286Restrictions as to imposition of tax on the sale or purchase of goods
- Art. 287Exemption from taxes on electricity
- Art. 288Exemption from taxation by States in respect of water or electricity in certain cases
- Art. 289Exemption of property and income of a State from Union taxation
- Art. 290Adjustment in respect of certain expenses and pensions
- Art. 290AAnnual payment to certain Devaswom Funds
- Art. 291Privy purse sums of Rulers
Chapter II — Borrowing
Chapter III — Property, Contracts, Rights, Liabilities,
- Art. 294Succession to property, assets, rights, liabilities and obligations in certain cases
- Art. 295Succession to property, assets, rights, liabilities and obligations in other cases
- Art. 296Property accruing by escheat or lapse or as bona vacantia
- Art. 297Things of value within territorial waters or continental shelf and resources of the exclusive economic zone to vest in the Union
- Art. 298Power to carry on trade, etc