Which of the following taxes does the State Government levy?

CA Foundation · Business Economics · PYQS · May 2026
Which of the following taxes does the State Government levy?
(A) A. Taxes on income
(B) B. Taxes on vehicles
(C) C. Customs duty
(D) D. Security transaction tax

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Taxes on vehicles

Topics: Public Finance

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