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

Direct taxes are imposed directly on is associated with which of the following?

Type: MCQ • Marks: 1

A. Transport only

B. Goods at retail counters only

C. Income or wealth of persons/entities

D. Imports only

Explanation

Income tax and certain corporate taxes are examples of direct taxes.

UPSC Principal & Vice Principal GK/GS

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