Which of the following taxes is exclusively and totally assigned to the Central Government by the Constitution?

Which of the following taxes is exclusively and totally assigned to the Central Government by the Constitution?

Q. Which of the following taxes is exclusively and totally assigned to the Central Government by the Constitution? (C.D.S. 1992)

  1. Taxes on Railway fares and freight
  2. Sales Tax
  3. Corporation Tax
  4. Estate Duty

Answer: Corporation Tax

Centre State Relations MCQs
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