Article 246 of the Constitution of India distributes the legislative powers between the Union and the States by allocating subjects into three lists: the Union List, the State List, and the Concurrent List, found in the Seventh Schedule. This division includes the power to levy taxes, with specific entries for taxation under each list. Parliament has exclusive power to legislate on matters in the Union List, including taxes mentioned therein. State Legislatures have exclusive power to legislate on matters in the State List, including taxes mentioned therein. The Concurrent List contains subjects on which both can legislate, but there are no entries for taxes in the Concurrent List; taxing power is exclusively divided between the Union and State Lists.
In India, the power to levy and collect taxes is divided between the Central and State Governments. This division is provided under which one of the following Articles of the Constitution of India ?
Asked in UPSC Combined Section Officer 2021 22 · Topic: The Centre-State Relations (Financial Relations: Allocation of Revenue, Taxation Powers, and Grants-in-Aid)
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