Question

All are examples of assigned revenue except:

• A. Entertainment tax
• B. Surcharge on stamp duty
• C. Surcharge on land revenue
• D. Custom duty

Hint:

Distinguish between central and state-level revenues to avoid confusion in public f inance concepts.

Answer 1

The Correct Option is D

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.