Multiple choice

What is the major share in revenue of state governments?

  1. Stamp Duty

  2. Excise Duty

  3. Sales Tax

  4. Income Tax
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Historically, Sales Tax (now largely replaced by GST in India) was the primary source of revenue for state governments. Stamp duty and excise are significant, but sales tax historically provided the largest share.

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