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
Direct taxes are imposed directly on is associated with which of the following?
Options
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.
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UPSC Principal & Vice Principal GK/GS

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