Name the financial powers of the Parliament.

Asked by Topperlearning User | 6th Jan, 2015, 04:07: PM

Expert Answer:

The financial powers of the Parliament are:

  1. Taxation

  2. Budget

  3. Supplementary Grants

  4. Votes on Account.

  5. Fixation of salaries

  6. Permission for taxes.

Answered by  | 6th Jan, 2015, 06:07: PM