Discuss about the finance of the Union and States

Source of revenue for the union

the following are the source of revenue for the Union and Taxes of income other than agriculture Income duties and Customs including export duties and duties of exercises on tobacco and Other goods manufacture or produce in India accepted alcoholic for human consumption and option of optimum is also restricted also drugs pand naruties are prohibited..

definition tax on the capital value

of SS exclusive of agriculture land of individual companies taxes on the capital of companies and estate due to in respect of property other than agriculture land and duties in respect of succession of property other than agriculture land..

source of revenue

for the state the following are the source for revenue for the state the land revenue including the assignment and collection of revenue it maintenance or Land Record survey of revenue purpose and record of high right an alignisation of revenue..

taxes on agriculture

 income and duties is respect of sex session to agriculture land and Aster duties in respect of agriculture land and Taxes on land and building and Taxes on mineral right subject to any limitation impose by Parliament by Low related to mineral development..

concurrent list

the main revenue item in the concurrent list under the constitution are includes of stamp duty fees is respect of any of matter in this list but not including fees taken in any Court..