What is the requirement for prior recommendation of the President for Bills affecting taxation in which States are interested?
According to Article 274, no Bill or amendment that imposes or varies any tax or duty in which States are interested, or affects the principles of distribution of money to States, shall be introduced or moved in either House of Parliament without the President's recommendation. In this context, a tax or duty in which States are interested refers to one with net proceeds assigned to a State or used to pay sums from the Consolidated Fund of India to a State.