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?

examrobotsa's picture
Q: 85 (IAS/2010)
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?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,138,63,138,6,51,6

keywords: 

{'states': [1, 0, 0, 1], 'taxes': [2, 1, 1, 0], 'union': [17, 3, 24, 36], 'stock exchanges': [0, 0, 0, 1], 'futures markets': [0, 0, 1, 0], 'transactions': [0, 0, 2, 7], 'india': [8, 1, 7, 13]}