The Finance Commission of India is a constitutional body established under Article 280 of the Indian Constitution. It plays a significant role in the financial administration of the country by recommending the distribution of financial resources between the Union and the States. It ensures a fair and balanced allocation of funds to maintain fiscal stability and promote cooperative federalism. The Finance Commission is constituted by the President of India every five years or earlier if required. It consists of a Chairman and four other members appointed by the President. The qualifications of the members and their selection criteria are determined by the Parliament through the Finance Commission Act, 1951. The Chairman should have experience in public affairs, while other members are generally selected from fields such as economics, finance, administration, law, and public policy. The Commission functions as an independent advisory body and submits its recommendations to the President. The organisation of the Finance Commission includes the Chairman, members, and supporting officials who assist in conducting research, collecting data, and preparing reports. The Commission has the authority to determine its own procedure and may consult