Multiple Choice Questions on A person pay a tax on whom the tax is incident is known as ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

A person pay a tax on whom the tax is incident is known as ........

Economics- Phase (I & II) Monetary and Fiscal Policy
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    A person pay a tax on whom the tax is incident is known as,

    Direct tax

    Correct Answer

    state tax

    Incorrect Answer

    Indirect tax

    Incorrect Answer

    none of the above

    Incorrect Answer
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    Explanation:

    a tax, such as income tax, which is levied on the income or profits of the person who pays it, rather than on goods or services.

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