Q. Under the constitution of India which of the following taxes are levied, collected and retained by the state governments?
1. Surcharge on tax
2. Land revenue
3. Entertainment tax
4. Professional taxes.
5. Any cess levied for the specific purpose
6. Taxes on goods carried by inland waterways.
Select the correct answer using the code given below:
Exp) Option c is the correct answer
Articles 268 to 293 in Part XII of the Constitution deal with Centre State financial relations
Option 1 and 5 is incorrect: Both Surcharge and cess are levied, collected and retained by the central government.
Option 2 is correct: Land revenue is a tax levied on land holdings and it is levied, collected and retained by the state governments.
Option 3 is correct: Entertainment tax is any tax levied on any form of commercial entertainment, such as movie tickets, exhibitions, sport events etc., Entertainment taxes are levied, collected and retained by states.
Option 4 is correct: Professional tax not exceeding 2,500Rs can be levied, collected and retained by the state government.
Option 6 is correct: It is true that the taxes on goods or passengers carried by inland waterways (or roawill be levied, collected and retained by the state government.
