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Question

Which one of the following statements regarding the levying, collecting and distribution of Land Revenue is correct?

A The Union levies, collects and distributes the proceeds of land revenue between itself and the states Correct Answer Incorrect Answer
B The Union levies, and states collect it on behalf of the Union and all the proceeds of land revenue are distributed among the states Correct Answer Incorrect Answer
C The Union levies and collects the land revenue tax but all the proceeds are distributed among the states Correct Answer Incorrect Answer
D The states levy, collect and retain the proceeds of land revenue tax with themselves Correct Answer Incorrect Answer

Solution

Taxes Levied and Collected and Retained by States: • Some taxes and duties exclusively belong to states. They are mentioned in the State list. Every state is entitled to levy, collect and appropriate these taxes. The taxes are: 1. Duty on succession to agricultural land 2. Estate duty on agricultural land 3. Land revenue 4. Tax on agricultural income 5. Tax on land and buildings 6. Capitation taxes 7. Tax on mineral rights 8. Tax on the consumption or sale of electricity 9. Tax on vehicles 10. Tax on the sales and purchase of goods (other than newspaper) for e.g. Sales tax 11. Tolls 12. Tax on professions, trades and employment

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