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