Join our Telegram Channel

Question

Which from the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states?

A Taxes on Advertisement
B Stamps and Registration
C Expenditure Tax and Gift Tax
D Additional Duties of Excise in lieu of Sales Tax
Answer & Explanation
Option: [A]
Advertisement
Advertisement

APSC Prelims - Daily Free Mock Tests

Read More Economics Solved Questions

GkSeries Android App

Today's Top Current Affairs

Current Affairs MCQs

State-wise Current Affairs

General Knowledge

Month-wise Current Affairs 2022

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test