Which one of the following taxes is imposed and charged by the Union, but is divided into Union and the States?

Which one of the following taxes is imposed and charged by the Union, but is divided into Union and the States?

Q. Which one of the following taxes is imposed and charged by the Union, but is divided into Union and the States?

  • Corporation Tax
  • Taxes on items except for agriculture income
  • Taxes on railway fares and freights
  • Custom

Answer: Taxes on items except for agriculture income

Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page