What is the role of Parliament or the President's order in providing for the calculation of net proceeds of taxes or duties assigned to states?
The role of Parliament or the President's order in providing for the calculation of net proceeds of taxes or duties assigned to states is outlined in Section 279 (1) of the given context. It mentions that a law made by Parliament or an order of the President may, in any case where under this Part the proceeds of any duty or tax are, or may be, assigned to any State, provide for the manner in which the proceeds are to be calculated, for the time from or at which and the manner in which any payments are to be made, for the making of adjustments between one financial year and another, and for any other incidental or ancillary matters. The net proceeds of any tax or duty, or of any part of any tax or duty, in or attributable to any area shall be ascertained and certified by the Comptroller and Auditor-General of India, whose certificate shall be final (Section 279 (1)).