Which one of the following statements regarding the levying, collecting and distribution of Income Tax is correct ?

examrobotsa's picture
Q: 18 (IAS/1999)
Which one of the following statements regarding the levying, collecting and distribution of Income Tax is correct ?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,128,66,128,27,25,14

keywords: 

{'union levies': [0, 1, 0, 0], 'levying': [0, 1, 0, 0], 'tax': [0, 0, 0, 1], 'income tax': [0, 0, 0, 1], 'union': [17, 3, 24, 36], 'collects': [0, 1, 0, 0], 'states': [1, 0, 0, 1], 'distribution': [0, 0, 1, 0], 'proceeds': [0, 1, 1, 1], 'income': [0, 3, 0, 0], 'surcharge': [0, 1, 0, 0], 'collecting': [0, 1, 0, 0]}