Q. Consider the following statements:In India, taxes on transactions in Stock Exchanges and Futures Markets are 1. levied by the Union 2. collected by the States Which of the statements given above is/are correct? [IAS 2010] (Solved)

1. 1 only

2. 2 only

3. Both 1 and 2

4. Neither 1 nor 2

  • a. 1 only
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