The Finance Commission of India plays a crucial role in determining:

The correct answer is: a) Tax sharing between Centre and Odisha.

The Finance Commission of India is a statutory body constituted by the President of India every five years to review the financial relations between the Union and the States. It is responsible for making recommendations to the President on the following matters:

• The distribution of net proceeds of taxes between the Union and the States;
• The principles governing grants-in-aid to the States;
• The
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