Multiple Choice Questions on Which of the following is a Direct tax ........ for SSC CHSL Preparation

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Multiple Choice Questions

Which of the following is a Direct tax ........

General Studies (CHSL) Indian Economy
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    Which of the following is a Direct tax?

    Excise Duty

    Incorrect Answer

    Customs Duty

    Incorrect Answer

    Service Tax

    Incorrect Answer

    Wealth Tax

    Correct Answer
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    Explanation:

    This tax is charged on the benefits derived from property ownership. The same property is taxed every year depending on its current market value. There is no difference for a tax that is levied on the Individuals, HUF's and companies.

    By: Barka Mirza
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