Question : "Taxes on agricultural income" is listed in the_______list given in the Seventh Schedule in the Constitution of India.
Option 1: Union
Option 2: State
Option 3: Global
Option 4: Concurrent
Correct Answer: State
Solution : The correct option is State
Taxes on agricultural income are specified in the State List of the Indian Constitution's Seventh Schedule. It means that the authority to create laws and levy taxes on agricultural income is in the hands of state governments. The State List highlights subjects over which only state governments have legislative authority. Agricultural revenue is now free from income tax at the national level in India. This list includes topics such as police, public health, education and municipal government.
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