Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED) 1. Agriculture Income Tax is levied and collected by the Union Government. 2. Agriculture Income Tax is levied throughout the country in India. Which of the statements given above is/are correct? - 30858

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Jitendra Singh • 7.50K Points
Tutor III Economic

Q. Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED)
1. Agriculture Income Tax is levied and collected by the Union Government. 
2. Agriculture Income Tax is levied throughout the country in India. 
Which of the statements given above is/are correct?

(A) 1 only
(B) Both 1 and 2
(C) Neither 1 nor 2
(D) 2 only

Correct Answer - Option(B)

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