alleryWhich of these is a source of state government income?
ACustoms duty on imports
BUnion income tax receipts
CStamp duty and registration
DUnion excise on imports
Answer & Solution
Correct answer: C. Stamp duty and registration
1. Income sources are split between Union and states.
2. The Union earns from customs duty, excise tax and income tax.
3. States earn from SGST, state excise, stamp duty, registration fees, land revenue and vehicle tax.
_Source: Wikipedia, State governments of India_
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