Tag: indian taxation system
Questions Related to indian taxation system
Identify the non-tax revenue from the following statement: "It refers to claim of the government on the property of a person who dies without leaving behind any legal heir or a will".
Under which of the following tax system, more tax is imposed on the lower income group?
Which of the following tax have been abolished?
GST is payable on _________.
Non-Tax Revenues of the states can be increased by improving the working of the
1. State Road Transport Corporations and the state electricity boards
2. irrigation projects and the tax collections
3. divesting the state public sector companies
Income tax in India is :
1. Progressive and anti-rich
2. Proportional and pro-poor
3. Regressive and anti-poor
Select the answer using the code given below:
Which tax is not shared by the central government with the states?
SEBI was established in _______.
Corporate Tax is imposed by ________.
Consider the following statements and identify the right ones.
i. Central government does not have exclusive power to impose tax which is not mentioned in state or concurrent list.
ii. The constitution also provides for transferring certain tax revenues from union list to states.