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Consider the following statements. In India, taxes on transactions in Stock exchanges and Futures Markets are1. Levied by the union2. Collected by the States Which of the statement(s) given above is/are correct?

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Consider the following statements. In India, taxes on transactions in Stock exchanges and Futures Markets are<br />1. Levied by the union<br />2. Collected by the States Which of the statement(s) given above is/are correct?






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