Tax on professions cannot be levied by the union government in India.
1. India's military expenditure grew around 8.5 percent in 2016, making it the world's fifth largest spender at $55.9 billion, figures released by the Stockholm International Peace Research Institute (SIPRI).
2. As per the figures, the US remains the world's largest military spender registering a growth of 1.7 percent between 2015 and 2016 to $611 billion.
3. China is second and Russia is on the third position in the list.
India ranked low 103rd out of 130 countries surveyed on World Economic Forum?s (WEF) Global Human Capital Index (GHCI) 2017. In the previous edition India ranked 105th.
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