How have articles 268, 268A, and 269 been affected by the Constitution (One Hundred and First Amendment) Act, 2016?
The Constitution (One Hundred and First Amendment) Act, 2016 has affected articles 268, 268A, and 269 by substituting them with a new article 279A. This new article relates to the distribution of taxes between the Union and the States in accordance with the recommendations of the Finance Commission. The amendment also provides for the assignment of a percentage of the net proceeds of certain taxes or duties to be distributed among the States within which that tax or duty is leviable, as prescribed by the President after considering the recommendations of the Finance Commission.