Question (13/48)
Identify the correct statement regarding the levying, collecting and distributing of Income Tax in India?(A) The Union levies, collects and distributes the proceeds of Income Tax between itself & states
(B) The Union levies, collects and keeps all proceeds of income tax to itself
(C) Only surcharged levied on the income tax is shared between Union and states
(D) The Union levies and collects the tax, but all the proceeds are distributed among the states
Question (14/48)
Persons below poverty line in India are classified based on?(A) They are entitled to a minimum prescribed food basket
(B) They get work for prescribed minimum number of days in a financial year
(C) Their daily wegas falls below the prescribed minimum wegas decided by Govt of India
(D) They belong to agricultural labourer group & of OBC, SC, ST etc