The net proceeds of taxes are distributed between the Centre and the States on the recommendations of the

Related MCQs

• Which of the following is/are correctly matched? 1. Stamp duties and duties on medical and toilet preparations-levied by the Union but collected and appropriated by the States. 2. Duties on succession to property other " than agricultural land-levied and' collected by the Union but assignedto the States. 3. Taxes on income other than corporation tax and tax on agricultural income-levied. collected and appropriated by the Union. 4. Receipts from Broadcasting-non- tax revenue of the Union.
• The Constitutional duty to make recommendations with regard to the distribution of' financial resources between the Union and the States is vested with the
• 1. No Money Bill can be introduced in the Parliament without the recommendation of the President of India. 2. The Prime Minister appoints Finance Commission for distribution of taxes between the Union and the States. Which of the statements given above is/are correct? [Asstt Comm 2008]
• The provisions regarding division of taxes between Union and the States:
• It is the responsibility of the _____ to decide the disputes arising between two States or between the Centre and a State.
• Which of the following taxes is/are levied by the Union and collected and appropriated by the States?
• During a financial emergency, the President can: 1. ask the states to reduce the salaries arid allowances of all or any class of persons serving in connection with the affairs of the State 2. ask the states to reserve money bills passed by the state legislature for his consideration 3. issue directions to states on financial matters 4. issue directions for the reduction of salaries and allowances of persons serving in connection with the affairs of the Union
• In a federal system of government powers are divided between the Centre and the States by
• The power of the Supreme Court of India to decide disputes between the Centre and the States fail under its
• Which Articles of Indian Constitution discuss the financial relations between the Centre and the States?