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Question
No taxes can be levied on expenditure incurred without the approval of the _____.
No taxes can be levied on expenditure incurred without the approval of the _____.
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Solution
The correct option is A Union Parliament
It is the financial power and function of the Parliament, that no tax can be levied or collected and no expenditure can be incurred by the Executive except under the authority and with the approval of Parliament. Hence, the budget is placed before the Parliament for it's approval.
It is the financial power and function of the Parliament, that no tax can be levied or collected and no expenditure can be incurred by the Executive except under the authority and with the approval of Parliament. Hence, the budget is placed before the Parliament for it's approval.
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