Indian Polity · Centre-State Relations
Under which category of financial relations do duties on medicines, toiletries, and stamps (mentioned in Article 268) fall, which are levied by the Union but collected and utilized by the States?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Taxes on income other than agricultural income
- 2Taxes levied by the Union but collected and appropriated by the States✓
- 3Taxes levied and collected by the Union but distributed between the Union and the States
- 4Taxes levied and collected by the Union but assigned to the States
Correct answer
Taxes levied by the Union but collected and appropriated by the States
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