Multiple Choice Questions on Which of following is a direct tax ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

Which of following is a direct tax ........

Economics (CUET) Government Budget and Economy
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    Which of following is a direct tax?

    Corporation tax

    Correct Answer

    Entertainment tax

    Incorrect Answer

    Excise duty

    Incorrect Answer

    Service tax

    Incorrect Answer
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    Explanation:

    Option (1) is correct.
    Explanation: In case of direct tax, the burden of tax and the liability to pay it falls on the same person.

     

    By: Parvesh Mehta
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