Multiple choice

Directions: Choose the correct option for the given question:

The tax levied by Local Governments i.e. Municipal Corporations and municipalities is

  1. Income Tax

  2. Wealth Tax

  3. House Tax

  4. Gift Tax

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

Municipal corporations and municipalities are local government bodies that primarily levy house tax (property tax) to generate revenue for local services.

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