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Tax revenue of the Government includes :
Income Tax
Corporate Tax
Excise Duty
All of these
- Income Tax: Tax levied on individual earnings and profits. It contributes significantly to government revenue.
- Corporate Tax: Tax imposed on the profits of companies. It is crucial for funding various governmental activities.
- Excise Duty: Tax charged on the manufacture of goods within the country. It is applied to specific goods like alcohol and tobacco.
Correct Answer: Option 4: All of these
Each type contributes to the government's overall tax revenue. They are essential for funding public services and infrastructure.
By: santosh ProfileResourcesReport error
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