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Economics › GST
Consider the following statements: In India, taxes on transactions in Stock exchanges and futures markets are 1. levied by the Union 2. Collected by the States Which of the statements given above is/are correct?
(a)
1 only
(b)
2 only
(c)
Both 1 and 2
(d)
Neither 1 nor 2
(A)
In India, the tax proceeds of which one of the following as a percentage of gross tax revenue has significantly declined in the last five years?
Service Tax
Personal Income Tax
Excise Duty
Corporation Tax
(C)