2013 · Q16
16. Which of the following are included in the category of direct tax in India ?
- 1Corporation Tax
- 2Tax on Income
- 3Wealth Tax
- 4Customs Duty
- 5Excise Duty
Select the correct answer using the code given below.
General KnowledgeEconomics
- A1, 2 and 3
- B1, 2, 4 and 5
- C2 and 3 only
- D1, 3, 4 and 5
Explanation
Corporation Tax, Tax on Income and Wealth Tax are direct taxes; Customs and Excise are indirect; the official key marks A.