Finance commission composition

The finance commission consists of a chairman and four other members to be appointed by the president .they hold office for such period as specified by the president .in his order .they are eligible for reappointment .

the constitution authorises the parliament to determine the qualification of members of the commission and the manner in which they should be selected .Accordingly the parliament has specified the qualification of the chairman should be a person having experience in public affairs and the four other members should be selected from amongst the following

a. A judge of high court or one qualified to appointed as one .

b. A person who has specialised knowledge of finance and account of the government .

c. A person who has wide experience in financial matters and in administration .

d. A person who has special knowledge of economics .