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Question : "Taxes on agricultural income" is listed in the_______list given in the Seventh Schedule in the Constitution of India.

Option 1: Union

Option 2: State

Option 3: Global

Option 4: Concurrent


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Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: State


Solution : The correct option is State

Taxes on agricultural income are specified in the State List of the Indian Constitution's Seventh Schedule. It means that the authority to create laws and levy taxes on agricultural income is in the hands of state governments. The State List highlights subjects over which only state governments have legislative authority. Agricultural revenue is now free from income tax at the national level in India. This list includes topics such as police, public health, education and municipal government.

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