Which one of the following agencies assigns the Agricultural Income Tax to states in India?

Inter-State Council

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National Development Council

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Agricultural Finance Corporation

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Finance Commission

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Solution

The correct option is D Finance Commission
Agricultural income tax to states in India is assigned by the Constitution of India. The agency responsible for it is Finance Commission whose function is distribution of net proceeds of taxes between Centre and the States, to be divided as per their respective contributions to the taxes.

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