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_year: 
2010
question_exam: 
IAS
question_sub_subject: 
Indian Economics
question_topic: 
Taxation/ Fiscal policy
stats: 
0,3528,1016,3528,96,728,192