Consider the following statements and identify the right ones.
i. Central government does not have exclusive power to impose tax which is not mentioned in state or concurrent list.
ii. The constitution also provides for transferring certain tax revenues from union list to states.
i only
ii only
both
none
Explanation:
Central government has exclusive power to impose tax which is not mentioned in state or concurrent list.
Central government has exclusive power to impose tax which is not mentioned in state or concurrent list.