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Which of the following is not a union tax?
  • a)
    Taxes on railway freights and fares
  • b)
    Stamp duties on financial documents
  • c)
    Tolls
  • d)
    A and b only
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following is not a union tax?a)Taxes on railway freights ...
Union tax means those which are covered under Union list of the constitution. Both A & B are covered under state list , means state have the authority to collect the taxes on Goods transport agencies & Stamp duties. 
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Which of the following is not a union tax?a)Taxes on railway freights and faresb)Stamp duties on financial documentsc)Tollsd)A and b onlyCorrect answer is option 'D'. Can you explain this answer?
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