Multiple Choice Questions on Which one of the following is the major source of gross tax revenue GTR for the Government of I........... for CDS Exam Preparation

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Multiple Choice Questions

Which one of the following is the major source of gross tax revenue GTR for the Government of I...........

Indian Economy (CDS) Budgeting and Fiscal policy
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    Which one of the following is the major source of gross tax  revenue (GTR) for the Government of India?

    Income tax

    Incorrect Answer

    Corporation tax

    Correct Answer

    Customs duty

    Incorrect Answer

    Service tax

    Incorrect Answer
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    Explanation:

     Corporation tax in India is the major source of Gross  Tax Revenue (GTR) for the Government of India. It has  great tax collection in comparison to income tax, custom  duty and service tax. 

    By: Ketan Garg
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