The distribution of taxation powers between the Central and State Governments in India is defined by the Constitution. Taxes on agricultural income and land revenue are listed under the State List, meaning state governments have the authority to legislate and collect these taxes.
Central Government do not collect revenue from these sources:
Asked in WBCS Main Paper 5 2021 · Topic: Fiscal Policy & Revenue (Sources of Government Revenue: Tax and Non-Tax Revenue)
Show answer
Answer: C. Agricultural Income tax and Land Revenue
More Economic Development questions
- Percentage of people giving personal income tax in India is
- Proceeds of Personal income tax go to
- Relative importance in Government revenue in India is high in case of
- Point out the incorrect statement : Excise duty is
- Which one of the following is NOT a source of the State tax revenue?
- Which of the following is not a method of property valuation ?
- Following are the estimated source of revenue of the Union Budget 2020-21. Match List - I with List - II and select the correct answer from the codes given below. List - I (Source) A. Corporate tax B. Income tax C. Customs D. Central Excise List - II (Percentage of Revenue) 1. 17 percent 2. 18 percent 3. 7 percent 4. 4 percent Codes : A B C D (a) 1 2 3 4 (b) 4 3 2 1 (c) 3 4 1 2 (d) 2 1 4 3
- Q72: In India the share of Corporation Tax to the gross tax revenue has been - - भारत में सकल कर राजèव में Ǔनगम कर का योगदान है -