Under the Constitution of India, taxes are divided between the Union (Central) Government and the State Governments. Taxes on the income of corporations are levied by the Central Government as per Entry 82 of the Union List (List I) in the Seventh Schedule.
Which of the following taxes is within the Jurisdiction of the Central Government?
Asked in WBPSC CS Prelims 2022 · Topic: The Centre-State Relations (Financial Relations: Allocation of Revenue, Taxation Powers, and Grants-in-Aid)
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