low rate of inerest

low level of savings

low level of income

excess of bank money

Taxes other than stamp duties on transactions in stock exchange and future markets

taxes on railway freights and fares

Taxes on mineral rights subject to any limitations imposed by the parliament

Rate of stamp duty in respect of certain financial documents

estate duty

Expenditure tax

gift tax

agricultural income tax

if the demand for the product is less elastic

if the demand for the product is inelastic

if the demand for the product has greater elasticity

if the elasticity of the supply of the product is larger

Tax sharing,Loans and Grants-in- Aid are correct

Tax sharing and Grants-in-Aid are correct

Tax sharing,Grants-in-Aid,Grants for implementation of five year plans

all are correct