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Date : Dec 13, 2007

Annex 5: Recommended Shares in Divisible Taxes: First to Twelfth Finance Commissions

Finance Commission	Income tax	Union excise duties (basic)
	States’ share (%)	States’ share (%)	Number of articles covered

1	2	3	4

First	55	40	3

Second	60	25	8

Third	66.7	20	35

Fourth	75	20	All

Fifth	75	20	All

Sixth	80	20	All

Seventh	85	40	All

Eighth	85	45	All

Ninth	85	45	All

Tenth	77.5	47.5	All

Eleventh	29.5	29.5	All taxes

Twelfth	30.5	30.5	All taxes

Source: Report of the Twelfth Finance Commission 2005-10.