aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Fundamentals of Economics
  • Which of the following is a direct tax?
Multiple choice

Which of the following is a direct tax?

  1. Sales tax

  2. Income tax

  3. Value added tax

  4. Entertainment tax

  5. Corporate tax

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A tax that governments impose on financial income generated by all entities within their jurisdiction.

Keep practicing — related questions

  • Which of the following are direct taxes?
  • Which among the following is a direct tax?
  • Which of the following statements about the changes proposed in the Direct Taxes Code (DTC) Bill is/are cor...
  • Which of the following is/are correct regarding the proposed Direct Tax Code? 1. Corporate Tax will remain ...
  • With the implementation of the Direct Tax Code, which of the following categories of income (earlier exempt...
  • Which of the following statements is/are incorrect? 1. The Central Board of Direct Taxes (CBDT) is a part o...
  • Which of the following taxes are levied by the State Government? 1. Value Added Tax (VAT) 2. Stamp Duty 3. ...
  • Which of the following statements are true? 1. Excise duty is a tax on the sale, or production for sale, of...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Indian Taxation System (2325 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy