Which of the following is /are among the noticeable features of the recommendations of the Thirteenth Finance Commission? 1) A design for the Goods and Services Tax, and a compensation package linked to adherence to the proposed design 2) A design for the creation of lakhs of jobs in the next ten years in consonance with India's demographic dividend 3) Devolution of a specified share of central taxes to local bodies as grants Select the correct answer using the codes given below:

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CollectorBabu · Accepted Answer

Correct Answer: 1 and 3 only. Statement 1 is correct as 13th Finance Commission detailed about the design for Goods and Services Tax. Statement 2 is not correct as 13th Finance Commission Report explains about enhanced implementation of existing schemes. Statement 3 is correct as 13th Finance Commission Report mentioning demand of local bodies for benefit from central taxes and supplementing resources of panchayats by grants-in-aid. Since statements 1 and 3 are correct, so correct option is C..

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