Which among is the direct tax ........

Which among is the direct tax?

Income tax

Gift and Corporation tax

Wealth tax

All of these

- Option 1: Income Tax

- Income tax is a direct tax.

- It is levied directly on personal or corporate income.

- Option 2: Gift and Corporation Tax

- Gift tax is a direct tax imposed on the transfer of wealth without receiving value in return.

- Corporation tax is a direct tax on a company's profits.

- Option 3: Wealth Tax

- Wealth tax is a direct tax on an individual's net worth.

- Option 4: All of these

- All three mentioned taxes are forms of direct taxes.

- This option encompasses income, gift, corporation, and wealth tax.

Correct Answer: Option 4 - All of these

Submit Error