Explain the financial power of union parliament

1.	Explain the financial power of union parliament
Answer» Answer: The Union parliament has varied financial powers such as : 1. Parliament is the caretaker of national purse. 2. The central government can neither LEVY any tax nor collect or revise it WITHOUT the PRIOR approval of the parliament.

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Answer:

The Union parliament has varied financial powers such as : 1. Parliament is the caretaker of national purse. 2. The central government can neither LEVY any tax nor collect or revise it WITHOUT the PRIOR approval of the parliament.

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Explain the financial power of union parliament​

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Explain the financial power of union parliament