Consider the following statement-''Taxes Levied and Collected by the Union but Assigned to the States within which they are leviable'', and find out the correct option. I. Taxes on transactions in stock exchange II. Tax of sale and purchase of newspapers including advertisements III. Estate duty in respect of property other than agriculture land IV. Stamp duty and duties of excise on the medical and toilet preparations

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Question:
Consider the following statement-''Taxes Levied and Collected by the Union but Assigned to the States within which they are leviable'', and find out the correct option. I. Taxes on transactions in stock exchange II. Tax of sale and purchase of newspapers including advertisements III. Estate duty in respect of property other than agriculture land IV. Stamp duty and duties of excise on the medical and toilet preparations

1.Only I & II are correct

2.I,II & III are correct

3.All are correct

4.Only IV & I are correct

Posted Date:-2022-01-20 18:32:06

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