By: D.K Choudhary
Who can pay salary from the contingency of india to meet unexpected expenditure? – Parliament.
Which of the tax is levied by the centre government but collected and appropriated by the state. – – Stamp Duty
Income tax is levied and collected by centre and it is distributed between centre and state. – True.
Who empowers the state governments to levy tax on agriculture income? –The constitution of india.
The corporation tax is levied and collected by the centre and it is itself the owner of tax receipts alone.
The finance bill is necessary to impore new tax proporals wheras to alter the existing rates of tax no other bill of act is required.
In india the state government imposes and collects stamp duty on financial transctions.
Public Finance in India.
The disbursement from public account in india are under discretion of parliament. –True.
In constitution of india there are provisions for consolidated fund, public account and contingency fund. – True.
The “Money bill can be introduced in either of the houses of parliament” – True.
The speaker of Lok Sabha is the ultimate officer of decide whether a bill is a money bill or otherwise.
– True.
It is mandatory for Rajya Sabha to return a money bill [assed by Lok Sabha with 14 Days. – True.
The president of india cannot return a money bill for reconsideration to Lok Sabha. –True.
A money bill cannot be re-instituted in Rajya Sabha. – -True.
Rajya Sabha can’t reject or amend a money bill.True
Only one whose recommendation a money bill can be introduced in Lok Sabha.? The President of India
The committee on subordinate legislation is related with? -Delegated legislation Parliamentry committees.
Which of the parliamentary committee examines the audit report of comptroller and Auditor general of india? – Public Accout Committee.
Who is the resident of public account committee of parliament?–The leader of oPPosition in Lok Sabha
