SIXTEENTH FINANCE COMMISSION OF INDIA

Report of Fourth Finance Commission

Composition

Composition of the Fourth Finance Commission

Dr. P.V. Rajamannar	Chairman
Shri Mohan Lal Gautam	Member
Shri D.G. Karve	Member
Prof. Bhabatosh Datta	Member
Shri P.C. Mathew	Member	Member Secretary

Terms of Reference

Fourth Finance Commission

Terms of Reference of the Fourth Finance Commission

Report of The Fourth Finance Commission 1965

Table of Contents

1	Introduction
2	Union-State Financial relations-our basic approach
3	Estate Duty
4	Grant in lieu of Taxes on Railway Fares
5	Income Tax
6	Union Excise Duties
7	Additional Duties of Excise in lieu of Sales Taxes
8	Coordination between Sales Taxes and Union Excise Duties	-
9	Principles Governing grants-in-aid of revenues
10	Forecast of Revenue and Expenditure Grants-in-aid under Article 275 of the Constitution
11	General observations and suggestions

II Summary of recommendations

Acknowledgments
	Minute of Dissent by Shri Mohan Lal Gautam Observations on the Minute of Dissent Minute by Dr. P.V. Rajamannar Minute by Prof. Bhabatosh Datta

Annexures

1	Items not included in the expenditure : Part 1 : Proposals on which final orders have not been issued pending receipts of the report of a commission or Committee or the passing of an Act by the Legislature. Part 2 : Government orders not taken into account in the assessment .
2	Special points in regard to assessment of revenue and expenditure of States .

Appendices

I	Provisions of the Constitution bearing on the work of the Finance Commission.
II	The Finance Commission (Miscellaneous) Provisions Act,1951 as amended by Act no. XIII of 1955.
III	Correspondence with the union and State Governments.
IV	Dates and venues of discussions with the representatives of State Governments, Central Ministries, Planning Commission ,Comptroller & Auditor General of India and Accountants- General.	-
V	Names of Organisations,universities and individuals who submitted memoranda to the Commissions.
VI	Individuals and Organisations whose representatives appeared before the Commission and gave oral evidence.	-
VII	Statistical Tables.

Explanatory Memoranda

Fourth Finance Commission

Explanatory Memorandum on the Action Taken on the Recommendations of the Fourth Finance Commissions