Three financial powers of the union parliament
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The Union parliament has varied financial powers such as :
2. The central government can neither levy any tax nor collect or revise it without the prior approval of the parliament.
3. It is the Parliament which approves the fiscal policies of the government and then the government enforces the same.
5. No money is spend from the Consolidated Fund of India without the prior approval of Parliament.
2. The central government can neither levy any tax nor collect or revise it without the prior approval of the parliament.
3. It is the Parliament which approves the fiscal policies of the government and then the government enforces the same.
5. No money is spend from the Consolidated Fund of India without the prior approval of Parliament.
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YOUR ANSWER...
•the central government can neither levy any tax nor collect or revise it with the prior approval of the parliament.
•All the money bills must be password the parliament.
•No money is spend from the consolidated fund of India without the prior approval of parliament.
Hope it helps...
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•the central government can neither levy any tax nor collect or revise it with the prior approval of the parliament.
•All the money bills must be password the parliament.
•No money is spend from the consolidated fund of India without the prior approval of parliament.
Hope it helps...
mark as brainiest ❤
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