1.

Which among the following sentences is / are correct ?

A. The Union Levies, collects and distributes the proceeds of income tax between itself and states
B. The Union Levies, collects and distributes the proceeds of income tax between states
C. The Union Levies, collects and keeps the proceeds of income tax
D. The Union Levies, collects and distributes the proceeds of income tax & Surcharge and only surcharge is distributed among states
Answer» B. The Union Levies, collects and distributes the proceeds of income tax between states


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