Q. 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 assigned to 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.

  • (A) I and III
  • (B) I, II and III
  • (C) III and IV
  • (D) I, II and IV
βœ… Correct Answer: (D) I, II and IV

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