Home
Class 14
GENERAL KNOWLEDGE
Which revenue earned by Union Government...

Which revenue earned by Union Government is not distributed among State Governments ?

A

Excise duty

B

Income tax

C

Customs duty

D

None of these

Text Solution

Verified by Experts

The correct Answer is:
C

Some taxes are levied, collected and retained by the Centre. These include Customs Duty, Corporation Tax, Taxes on Capital (other than Agricultural Land) etc.
Promotional Banner

Similar Questions

Explore conceptually related problems

How Is Federalism Practised|Language Policy Of India|Sharing Of Power Between The Union Government And State Government

Consider the following statements : In India, stamp duties on financial transactions are: 1. leavied and collected by the State Government 2. appropriated by the Union Government Which of these statements is/are correct?