GK
PUBLIC ADMINISTRATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following taxes are levied by the Union but are collected and appropriated by the states?
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Stamp duties
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Excise duties on medical and toilet materials
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Sale Tax
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Both A and B Answers
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Explanation:
Detailed explanation-1: -The correct answer is Stamp duties. Stamp duties are levied by Union and collected and appropriated by States.
Detailed explanation-2: -(a) collected by the Government of India and the States; (b) appropriated by the Government of India and the States, in accordance with such principles of collection and appropriation as may be formulated by Parliament by law.
Detailed explanation-3: -The tax levied by the union government on income of individuals is known as income tax.
Detailed explanation-4: -Article 270 in The Constitution Of India 1949.
There is 1 question to complete.