Multiple choice

Which of the following taxes paid by a person is felt as a personal obligation?

  1. Excise Duty

  2. Income tax

  3. Sales tax

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is Income tax. The income tax is deducted from the income of a person. The person knows how much tax is deducted from his or her income and is paid as lump sum. Hence, the income tax paid by a person is felt as a personal obligation.

Keep practicing — related questions