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Expenditures

Provision reg...

Question

Provision regarding levy of duties and taxes are announced in _______.

A

finance budget every year.

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B

railway budget

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C

appropriation account

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D

none of the above

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Solution

The correct option is A finance budget every year.
Finance budget is nothing but a financial plan for a definite period mostly for a year. It contains details about all sorts of revenues, expenses, assets and liabilities, taxes and duties, etc. Hence, provision regarding levy of duties and taxes are announced in finance budget for every year.

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