Identify the correctly matched pair in Column A to that of Column B Column A 1 Excise Duty 2 In...........

Economics (CUET) Government Budget and Economy

Identify the correctly matched pair in Column A to that of Column B:

Column A

1. Excise Duty

2. Income Tax

3. Earning from PSU

4. Old Age Pensions

Column B.

(a) Capital Receipts

(b) Direct Tax

(d) Non-Tax Revenue Receipts

1-(a)

2- (b)

3-(c)

4-(d)

Option (2) is correct.
Explanation: A direct tax is a tax, the burden of which is on that very person who is liable to pay it to the government.

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