Which tax is levied by the Union and collected and appropriated by the States? -Do You Know?

1 Answer

Answer :

Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be collected and appropriated by the Government of India and the States in the manner provided in clause (2).

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Description : Which tax is levied by the Union and collected and appropriated by the States? -Do You Know?

Last Answer : Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be ... and appropriated by the Government of India and the States in the manner provided in clause (2).

Description : Which tax is levied by the Union and collected and appropriated by the States? -Do You Know?

Last Answer : Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be ... and appropriated by the Government of India and the States in the manner provided in clause (2).

Description : Which tax is levied by the Union and collected and appropriated by the States? -Do You Know?

Last Answer : Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be ... and appropriated by the Government of India and the States in the manner provided in clause (2).

Description : Which tax is levied by the Union and collected and appropriated by the States? -Do You Know?

Last Answer : Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be ... and appropriated by the Government of India and the States in the manner provided in clause (2).

Description : Which tax is levied by the Union and collected and appropriated by the States? -Do You Know?

Last Answer : Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be ... and appropriated by the Government of India and the States in the manner provided in clause (2).

Description : Which tax is levied by the Union and collected and appropriated by the States? -General Knowledge

Last Answer : The answer is 'Stamp Duties'

Description : Which tax is levied by the Union and collected and appropriated by the States? -General Knowledge

Last Answer : Constitution of India. Service tax levied by Union and collected and appropriated by the Union and the States. (1) Taxes on services shall be levied by the Government of India and such tax shall be ... and appropriated by the Government of India and the States in the manner provided in clause (2).

Description : Which tax is levied by the Union and collected and appropriated by the States?

Last Answer : Stamp Duties

Description : 1. By which method is the age of most ancient geological formations estimated? 2. Which tax is levied by the Union and collected and appropriated by the States? 3. Ban-Ki-Moon the Secretary general of ... of the World's Pressure Belts? 20. Who is considered to be the father of Ayurveda ?

Last Answer : Answer : 1. C4 method 2. Stamp Duties 3. South Korea 4. Stratosphere 5. Malia 6. Nitrates 7. Lord Ripon 8. Decrease 9. Water Vapour 10. Devabhuti 11. Kamla Kant 12. Tax on entertainment ... 14. Coniferous forest 15. Tamils 16. 73rd 17. Polyethylene 18. Swami Vivekananda 19. Monsoon 20. Charaka

Description : Excise duties are levied by the Union but appropriated by the States, True or False?

Last Answer : True

Description : Which of the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states? (1) Expenditure Tax and Gift Tax (2) Additional Duties of Excise in lieu of Sales Tax (3) Stamps and Registration (4) Taxes on Advertisement

Last Answer : (4) Taxes on Advertisement Explanation: Apart from taxes levied and collected by the States, the Constitution has provided for the revenues for certain taxes on the Union List to be allotted ... exchanges and future markets; and Taxes on sale and purchase of newspapers and advertisements therein.

Description : Which of the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states ? (1) Expenditure Tax and Gift Tax (2) Additional Duties of Excise in lieu of Sales Tax (3) Stamps and Registration (4) Taxes on Advertisement

Last Answer : Taxes on Advertisement

Description : Which tax is not levied by the Union Government? -Do You Know?

Last Answer : Land revenue is not levied by the Union Government or Central government. Land revenue is an item of the state list.

Description : Which tax is not levied by the Union Government? -Do You Know?

Last Answer : Land revenue is not levied by the Union Government or Central government. Land revenue is an item of the state list.

Description : Which tax is not levied by the Union Government?

Last Answer : Profession Tax

Description : Taxes on professions can be levied by : (1) State government only (2) both by state and union government (3) by panchayats only (4) Union government only

Last Answer : (1) State government only Explanation: In India, the professional tax is imposed at the state level. However, not all the states impose this tax. Business owners, working individuals, ... comes under the purview of this tax. Professional tax is levied by particular Municipal Corporations.

Description : Taxes on professions can be levied by : (1) State government only (2) both by state and union government (3) by panchayats only (4) Union government only

Last Answer : State government only

Last Answer : : Under the Income Tax Ordinance 1974, two types of taxes are levied: 1) Personal Income Tax 2) Corporate Income Tax

Description : The tax which is levied on goods or services produced or purchased.

Last Answer : Ans. Indirect tax

Description : Ad Valorem tax is levied - (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Last Answer : (3) according to value given by producers Explanation: An ad valorem tax (Latin for "according to value") is a tax based on the value of real estate or personal property. It is more ... difficulty with such taxation, especially in the case of tariffs, is in establishing a satisfactory value figure.

Description : The tax levied on gross sales revenue from business transactions is called - (1) Turnover Tax (2) Sales Tax (3) Capital Gains Tax (4) Corporation Tax

Last Answer : (1) Turnover Tax Explanation: A turnover tax is similar to a sales tax or a VAT, with the difference that it taxes intermediate and possibly capital goods. It is charged on gross ... turnover tax is levied on all intermediate transactions between businesses leading to and including the final sale.

Description : The duties levied on alcoholic liquors, narcotic drugs and opium come under— (1) Central Excise Duty (2) Land Revenue (3) State Excise Duty (4) General Sales Tax

Last Answer : (3) State Excise Duty Explanation: An excise or excise tax (sometimes called an excise duty) is a type of tax charged on goods produced within the country (as opposed to customs ... paper, drugs and pharmaceuticals, alcoholic liquor, water filtration and purification devices, pan masala, etc.

Description : 'Quota' is - (1) tax levied on imports (2) imports of capital goods (3) limit on the quantity of imports (4) limit on the quantity of exports

Last Answer : (3) limit on the quantity of imports Explanation: An import quota is a limit on the quantity of a good that can be produced abroad and sold domestically. It is a type of ... production of a good, service, or activity, thus "protect" domestic production by restricting foreign competition.

Description : The duties levied on alcoholic liquors, narcotic drugs and opium come under— (1) Central Excise Duty (2) Land Revenue (3) State Excise Duty (4) General Sales Tax

Last Answer :  Central Excise Duty

Description : ‘Quota’ is (1) tax levied on imports (2) imports of capital goods (3) limit on the quantity of imports (4) limit on the quantity of exports

Last Answer : limit on the quantity of imports

Description : Ad Valorem tax is levied (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Last Answer : according to value given by producers

Description : The tax levied on gross sales revenue from business transactions is called (1) Turnover Tax (2) Sales Tax (3) Capital Gains Tax (4) Corporation Tax 

Last Answer : Turnover Tax

Description : Under which system of assessment, the British Government collected revenue directly from the farmers? -Do You Know?

Last Answer : answer:

Description : Rainwater collected after 30 to 40 minutes of raining is not suitable for drinking why? -Do You Know?

Last Answer : Because it contains dissolved toxic materials!

Description : )Resource leveling attempts to : 1. Reduce resource requirements by smoothing out period-to period resource assignments.  2. Ensure that the budget abnormalities are overcome. 3. Reduce the ... Increase the amount of the project manager's authority so that budget dollars can be  appropriated.

Last Answer : 1. Reduce resource requirements by smoothing out period-to period resource assignments.

Description : This term was originally a conceit in engineering that referred to ways of enhancing bodies for survival in harsh extra-terrestrial contexts. The term received a social sciences twist when ... metaphor for the growing appropriation of human beings into mechanical social systems. What term?

Last Answer : . Cyborg.

Description : How do i find the pretax amount if i have the tax percentage and the amount of tax collected?

Last Answer : Feel Free to Answer

Description : Which one of the following taxes is collected and utilized by the State Governments? (1) Personal income tax (2) Corporation tax (3) Land revenue (4) Custom duties

Last Answer : (3) Land revenue Explanation: The Constitution allocates the taxation of agricultural income to states. Lan revenue is a major source of revenue for states in India. For purpose of ... Commissioner, also known as Collector indicating his responsibility for the realization of all Government revenues.

Description : Which of the following taxes is not collected by the Central Government? (1) Income tax (2) Customs duty (3) Professional tax (4) Excise duty

Last Answer : (3) Professional tax Explanation: A professional tax, also known as an occupation tax or a professional privilege lax, is a tax that a professional must pay to receive the right to practice a ... and a professional who has clients in more than one state may owe professional taxes in several states.

Description : Mark the correct option a) Surface mail received for delivery in India from a country India may be redirected by the surface mail to any country on payment if dispatched to its new destination. b) If the ... be collected at the time of delivery c) a and b are correct d) None of these correct

Last Answer : c) a and b are correct

Description : Which one of the following taxes is collected and utilized by the State Governments ? (1) Personal income tax (2) Corporation tax (3) Land revenue (4) Custom duties

Last Answer : Land revenue 

Description : Which of the following taxes is not collected by the Central Government ? (1) Income tax (2) Customs duty (3) Professional tax (4) Excise duty

Last Answer : Professional tax 

Description : The Operation Polo was associated with the annexation of which Princely States into Indian Union? -Do You Know?

Last Answer : answer:

Description : The States Reorganisation Act created howmany States and Union Territories? -Do You Know?

Last Answer : answer:

Description : In respect of which states has Union Parliament power to legislate on the subjects of all three lists? -Do You Know?

Last Answer : answer:

Description : The States Reorganisation Act created howmany States and Union Territories? -Do You Know?

Last Answer : answer:

Description : 1. In respect of which states has Union Parliament power to legislate on the subjects of all three lists? 2. What is the most soluble in water? 3. What is the effect of inflation on tax revenue ... occurs in entropy? 19. Where is Peaty soil found? 20. Which were the contemporaries of Kanishka ?

Last Answer : Answer : 1. Union Territories 2. Sugar 3. Fiscal drag 4. Japan 5. Vasumitra 6. Isotope Technology 7. Second incisor 8. The State Legislature 9. Approximately 3200000 sq. km 10. Desire to ... Parushni (Ravi) 16. Increase 17. Union List 18. Increases 19. Kerala 20. Nagarjuna, Asvaqhosha, Vasumitra

Description : Stamp Duty collected by the States can be broadly divided into _______ categories A. One B. Two C. Three D. All of the Above E. None of the Above

Last Answer : B. Two Explanation: Stamp Duty collected by the States can be broadly divided into two categories, viz., Stamp Duty paid under the Indian Stamp Act, 1899 and Stamps used in payment of fees under the Court-fees Act 1870.

Description : What is VAT levied at the UAE?

Last Answer : Implementing VAT in the UAE would lead to the' continued provision into the future of high-quality public services,' explains the Ministry of Finance. The Federal and Emirates governments of the ... such as hospitals, schools, parks, and police†that are funded out of government budgets.

Description : Excise duty is levied on - (1) sale of goods (2) production of goods (3) import of goods (4) export of goods

Last Answer : (2) production of goods Explanation: Excise duty is a tax on manufacture or production of goods. Excise duty on alcohol, alcoholic preparations, and narcotic substances is collected by the State Government and ... "State Excise" duty. The Excise duty on rest of goods is called "Central Excise" duty.

Description : When an insured foreign parcel is redirected form one country to the another . a) No additional insurance fee is to be levied b) Half of the original insurance fee is to levied for such transmissions c) A fresh insurance fee become payable for each such transmission d) None of the above

Last Answer : c) A fresh insurance fee become payable for each such transmission

Description : Taxes levied by a nation on goods bought outside its borders and brought in, are called 1. import duties 2. export duties 3. export tariffs 4. quotas 5. import tariffs

Last Answer : import tariffs

Description : GST will be levied on– (A) Manufacturers (B) Retailers (C) Consumers (D) All of the above

Last Answer : (D) All of the above

Description : No stamp duties are levied on LC backed bills up to _______ days. a 120 b 100 c 90

Last Answer : c 90

Description : Taxes levied on imports into a country are called: A)tarrifs B)quotas C)duties D)barriers

Last Answer : A)tarrifs