In India's federal system I, which level of government has the power to legislate on Residuary subjects?
Answers
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Residuary subjects
Explanation:
Union list includes subject of national importance such as defense, foreign affairs, and currency.
State list contains subjects of state importance such as trade, irrigation, and agriculture.
Concurrent list includes the subject of common interests such as education, trade union and forest.
The subjects that do not fall into any of the above 3 lists are called residuary subjects and the union government has the power to legislate on it. The power to make laws with respect to residuary subjects (i.e., the matters which are not enumerated in Union, State of Concurrent lists) is vested in the Parliament. This residuary power of legislation includes the power to levy residuary taxes.