Part XII

FINANCE, PROPERTY, CONTRACTS AND SUITS

41 articles.

• 264.Interpretation.
• 265.Taxes not to be imposed save by authority of law.
• 266.Consolidated Funds and public accounts of India and of the States.
• 267.Contingency Fund.Amended
• 268.Duties levied by the Union but collected and appropriated by the States.Amended
• 269.Taxes levied and collected by the Union but assigned to the States.
• 269A.Levy and collection of goods and services tax in course of inter-State trade or commerce.
• 270.Taxes levied and distributed between the Union and the States.Amended
• 271.Surcharge on certain duties and taxes for purposes of the Union.
• 272.Taxes which are levied and collected by the Union and may be distributed between the Union and the States.Omitted 2000
• 273.Grants in lieu of export duty on jute and jute products.Amended
• 274.Prior recommendation of President required to Bills affecting taxation in which States are interested.
• 275.Grants from the Union to certain States.
• 276.Taxes on professions, trades, callings and employments.Amended
• 277.Savings.
• 278.Agreement with States in Part B of the First Schedule with regard to certain financial matters.Omitted 1956
• 279.Calculation of “net proceeds”, etc.Amended
• 279A.Goods and Services Tax Council.Amended
• 280.Finance Commission.Amended
• 281.Recommendations of the Finance Commission.
• 282.Expenditure defrayable by the Union or a State out of its revenues.
• 283.Custody, etc., of Consolidated Funds, Contingency Funds and moneys credited to the public accounts.
• 284.Custody of suitors' deposits and other moneys received by public servants and courts.Amended
• 285.Exemption of property of the Union from State taxation.
• 286.Restrictions as to imposition of tax on the sale or purchase of goods.
• 287.Exemption from taxes on electricity.Amended
• 288.Exemption from taxation by States in respect of water or electricity in certain cases.
• 289.Exemption of property and income of a State from Union taxation.
• 290.Adjustment in respect of certain expenses and pensions.
• 290A.Annual payment to certain Devaswom Funds.Amended
• 291.Privy purse sums of Rulers.Omitted 1971
• 292.Borrowing by the Government of India.
• 293.Borrowing by States.
• 294.Succession to property, assets, rights, liabilities and obligations in certain cases.
• 295.Succession to property, assets, rights, liabilities and obligations in other cases.
• 296.Property accruing by escheat or lapse or as bona vacantia.
• 297.Things of value within territorial waters or continental shelf and resources of the exclusive economic zone to vest in the Union.
• 298.Power to carry on trade, etc.
• 299.Contracts.
• 300.Suits and proceedings.
• 300A.Persons not to be deprived of property save by authority of law.Amended