Advertisements
Advertisements
Question
The most common and important tax levied on an individual in India is ______.
Options
Service tax
Excise duty
Income tax
Central sales tax
MCQ
Fill in the Blanks
Solution
The most common and important tax levied on an individual in India is Service tax.
shaalaa.com
Types of Taxes
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Which tax is raised on provision of service.
______ is paid to the Government by the recipient of gift depending on value of gift.
The burden of the ______tax cannot be shifted to others
Explain some direct and indirect taxes.
A ______ is a tax applied uniformly, taking a larger percentage of income from low-income earners than from high-income earners.
Explain the following
Toll Tax and & Road Tax
Draw a neat labelled diagram for progressive taxation.
Identify the merit of direct tax from the following:
- What type of tax is this?
- When do we pay this tax?
Explain the term impact of a tax?
