Question:
All are examples of assigned revenue except:
All are examples of assigned revenue except:
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Distinguish between central and state-level revenues to avoid confusion in public f inance concepts.
Updated On: Jan 8, 2025
- Entertainment tax
- Surcharge on stamp duty
- Surcharge on land revenue
- Custom duty
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The Correct Option is D
Solution and Explanation
Assigned revenues typically include taxes like entertainment tax, stamp duty, and land revenue surcharge, which are allocated to specific state governments. Custom duty, however, is a central government levy on imports and exports.
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