In India, the scheme of distribution of sources of revenue between the Centre and the States is based…
The Government of India Act, 1935 provided the main framework inherited by India’s scheme of distributing revenues between the Centre and States. It distinguished taxes…
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In India, the scheme of distribution of sources of revenue between the Centre and the States is based on the scheme laid down in
Answer and explanation
Correct answer D
The Government of India Act, 1935 provided the main framework inherited by India’s scheme of distributing revenues between the Centre and States. It distinguished taxes collected centrally but assigned to the provinces from taxes whose proceeds were shared. Its provisions on income-tax sharing and grants to provinces anticipated features of the later constitutional arrangements.
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