General Knowledge · Indian Polity
Consider the following statements regarding the taxation powers under the Indian Constitution: (i) The Central Government does not have exclusive power to impose a tax which is not mentioned in the State or Concurrent list. (ii) The Constitution provides for transferring certain tax revenues from the Union List to the States. Identify the correct statement(s):
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(i) only
- 2(ii) only✓
- 3Both (i) and (ii)
- 4Neither (i) nor (ii)
Correct answer
(ii) only
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