General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 25)
25.
States earn maximum revenue through
Discussion:
20 comments Page 1 of 2.
Naveen said:
3 years ago
I think that excise tax here covers only FM intoxicants whereas some states put total ban on these items and excise if it covers all products then may be the highest not sure as production of material state to state is different too.
(2)
Gunjan Wadhwa said:
1 decade ago
What is commercial taxes?
Shambhu said:
7 years ago
State earns maximum revenue from sales tax which is included in the commercial tax.
Bibhab Kumar Das said:
8 years ago
After implementation of GST 2017, by what means the state will earn maximum revenue?
Vinayak said:
9 years ago
Hi, all.
If you look at the fundamentals and not at exceptional situations you will see that the main form of revenue for a government is through taxes. It cannot be customs because imports may differ from state to state.
If you look at the fundamentals and not at exceptional situations you will see that the main form of revenue for a government is through taxes. It cannot be customs because imports may differ from state to state.
Nandini said:
10 years ago
Why not from the intoxicants?
Ramanpreet singh said:
10 years ago
I have read in some books that states cover highest tax from excise and center from corporate tax.
Please clarify it.
Please clarify it.
Manas said:
10 years ago
Sir, according to me the % of tax it higher on excise duties on intoxicants. So why it wasn't the correct answer? Please explain with answer.
D KUMAR said:
1 decade ago
What is difference between excise duty and custom revenue?
Rahul said:
1 decade ago
Vat is not a Commercial Tax.
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