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The Finance Commission is required to make recommendations on the distribution of net proceeds of taxes between Union and States for a period of ______ years.
Answer: five
Article 280 mandates that the Finance Commission be constituted every five years (or earlier) to recommend: (1) Distribution of net tax proceeds between Union and States, (2) Principles for grants-in-aid to States, (3) Measures to augment State Consolidated Funds for Panchayats/Municipalities. The 15th Finance Commission covered 2021-26.