Indian Public Finance » Exercise - 19. Consider the following taxes : 1. Personal income tax 2. Import duty 3. Service tax Which of the taxes given above is/are Indirect Tax/Taxes ? (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) Only 2
Indian Public Finance » Exercise - 18. Consider the following : 1. Fringe Benefit Tax 2. Interest Tax 3. Securities Transaction Tax Which of the mentioned above is/are Direct tax/taxes ? (a) 1 and 2 (b) 1 and 3 (c) 2 and 3 (d) All of these
Indian Public Finance » Exercise - 17. Which one of the following taxes in India is imposed by the central government on the basis of the ability to pay principle ? (a) Wealth tax (b) Gift tax (c) Corporate tax (d) Income tax
Indian Public Finance » Exercise - 15. The Goods and Service tax (GST) proposed to be introduced, covers taxes like (a) Trade/Sale tax (b) Service Tax (c) Service, Excise (d) Service, Excise, VAT