Which One Of The Following Statements Is Correct With Regard To The Powers Of The Parliament Of India In Enacting The Budget? Free Online Practice Multiple Choice Questions From Sunil Saharan's World

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508) Which One Of The Following Statements Is Correct With Regard To The Powers Of The Parliament Of India In Enacting The Budget?

It Can Increase A Tax, But Not Reduce It.

It Can Increase A Tax As Well As Reduce Or Abolish It.

It Can Not Increase A Tax But Can Reduce Or Abolish It.

It Can Neither Increase A Tax Nor Reduce It.

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