Multiple choice

Directions: Choose the correct option for the given question:

The tax levied by Central Government and collected by State Government is

  1. Stamp Duty

  2. Excise Duty

  3. Income Tax

  4. Gift Tax
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Stamp duty is a tax levied by the Central Government but collected by the State Governments.

Keep practicing — related questions