Q: 50 (IAS/2003)

Consider the following statements: In India, stamp duties on financial transactions are
1. levied and collected by the State Government
2. appropriated by the Union Government.
Which of these statements is/are correct?
question_subject: 
Economics
question_year: 
2003
question_exam: 
IAS
question_sub_subject: 
Indian Economics
question_topic: 
Taxation/ Fiscal policy
stats: 
0,1872,2544,736,720,1088,1872