What was the arrangement of income tax obtained from mining? – InterviewSolution

1.	What was the arrangement of income tax obtained from mining?
Answer» According to Kautilya, state has the right to the land within its boundaries, thus imposition of tax on the mined materials was the king’s right. The official supervising the mines arranged the production and sale of all kinds of ‘Shankh,’ ‘Vajra’, ‘Mukta’, etc. minerals. Salt imported from abroad was taxed 1/6th its price/cost. One who stole metals was penalized eightfold of the stolen value. One who stole jewels was to be given the death sentence.

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