In the year 1914 (28th July), First World War started and ended in 1918 (11th November). England, France Russia was on a side and Germany, Austria, Hungary and Turkey were on another side.
As per the distribution of financial resources under the Government of India Act of 1935, the taxes which are levied by the Union but collected and appropriated by the States are Stamp duties on Bills of exchange, Transfer of shares, Insurance policies.
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