USA HISTORY

Detailed explanation-1: -Taxation of salt has occurred in India since the earliest times. However, this tax was greatly increased when the British East India Company began to establish its rule over provinces in India. In 1835, special taxes were imposed on Indian salt to facilitate its import.

Detailed explanation-2: -The basic structure of federal finance was established in the first twenty years of British rule. Under the new arrangement, customs, salt tax, opium tax, and railway income were the main revenues raised and used exclusively by the central government.

Detailed explanation-3: -The industries in India had their leading position in the World market. At the same time, British industries were lagging at the back. To advance the position of British goods in the market, they forced heavy taxes on Indian industries.

Detailed explanation-4: -Taxation of salt has occurred in India since the earliest times. However, this tax was greatly increased when the British East India Company began to establish its rule over provinces in India. In 1835, special taxes were imposed on Indian salt to facilitate its import.