Multiple choice

Which of the following tax burdens is not imposed on every class of people in India?

  1. Sales tax

  2. Service tax

  3. Income tax

  4. Excise duty
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is income tax. The income tax does not fall with equal weight on every class of people. The rich have to pay higher rates of income tax as compared to the poor in India. Hence, the weight of income tax falls with greater force on the rich class rather than on the middle class. The poor do not have to pay any income tax in India.

Keep practicing — related questions