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14 THE CONSTITUTION OF INDIA CONTENTS
Articles
Pages
274. Prior recommendation of President required to Bills affectingtaxationinwhichStatesareinterested. . . . . . . . . . . . . . 315
275. GrantsfromtheUniontocertainStates..................315
276. Taxes on professions, trades, callings and employments . . . . . . . . . 317
277. Savings.....................................317
278. [Repealed]...................................317
279. Calculationof“netproceeds”,etc. .....................318
279-A. GoodsandServicesTaxCouncil......................318
280. FinanceCommission........................
281. Recommendations of the Finance Commission . . . . . . . . .
Miscellaneous Financial Provisions
282. Expenditure defrayable by the Union or a
State out of its revenues . . . . . . . . . . . . . . . . . . . . . .
283. Custody, etc., of Consolidated Funds, Contingency Funds and moneyscreditedtothepublicaccounts . . . . . . . . . . . . .
284. Custody of suitors’ deposits and other moneys receivedbypublicservantsandCourts . . . . . . . . . . . . .
285. Exemption of property of the Union from State taxation . . . .
.....320 .....321
. . . . . 321 . . . . . 321
. . . . . 322 .....322
286. Restrictions as to imposition of tax on the sale or
purchaseofgoods ..............................323
287. Exemptionfromtaxesonelectricity ....................324
288. Exemption from taxation by States in respect of water orelectricityincertaincases. . . . . . . . . . . . . . . . . . . . . . . . . 324
289. Exemption of property and income of a State
from Union taxation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 325
290. Adjustment in respect of certain expenses and pensions . . . . . . . . . 325
290-A. AnnualpaymenttocertainDevaswomFunds . . . . . . . . . . . . . . 326
291. [Repealed]...................................326 CHAPTER II — BORROWING
292. BorrowingbytheGovernmentofIndia..................326
293. BorrowingbyStates.............................326
CHAPTER III — PROPERTY, CONTRACTS, RIGHTS, LIABILITIES, OBLIGATIONS AND SUITS
294. Succession to property, assets, rights, liabilities and obligationsincertaincases .........................327
295. Succession to property, assets, rights, liabilities andobligationsinothercases. .......................327
296. Property accruing by escheat or lapse or as bona vacantia . . . . . . . . 328
297. Things of value within territorial waters or
continental shelf and resources of the exclusive economiczonetovestintheUnion. . . . . . . . . . . . . . . . . . . . . 329
298. Powertocarryontrade,etc..........................329
299. Contracts ...................................329
300. Suitsandproceedings............................331
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