UPSC Principle and Vice Principle GK/GS Banking, Finance, and Fiscal Policy Part - 2

Which of the following correctly refers to Direct taxes are imposed directly on?

Type: MCQ • Marks: 1
Which of the following correctly refers to Direct taxes are imposed directly on?
Options
A. Transport only
B. Income or wealth of persons/entities
C. Imports only
D. Goods at retail counters only
Explanation
Income tax and certain corporate taxes are examples of direct taxes.
UPSC Principal & Vice Principal GK/GS

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