Financial Relations — Legal Precedents

Legal Precedents

S.R. Bommai v. Union of India

1994

While primarily about Article 356, this landmark judgment established important principles regarding Centre-State financial relations during President's Rule. The Court held that…

Union of India v. Kamlakshi Finance Corporation

1992

This case clarified the scope of Parliament's power to impose taxes and the constitutional limitations on tax legislation. The Supreme Court held that while Parliament has wide…

West Bengal v. Union of India (GST Case)

2021

This recent case addressed disputes over GST compensation and the Centre's borrowing to meet compensation requirements during COVID-19. The Court upheld the Centre's decision to…