With reference to the Indian tax structure: 1. Corporation tax has the largest contribution. 2. Contribution from direct taxes is more than that of indirect taxes. Which of the statements given above is/are correct?

With reference to the Indian tax
structure:
1. Corporation tax has the largest
contribution.
2. Contribution from direct taxes is
more than that of indirect taxes.
Which of the statements given above
is/are correct?

1). 1 only
2). 2 only
3). Both 1 and 2
4). Neither 1 nor 2

---

Join Telegram Group

Answer This Question
Name:
Email:
Answer :
Sum of (1+2)
Submit:

Other Questions

1. Which among the following rate(s) is/ are is not controlled by the Reserve Bank of India directly?

2. Consider the following statements: 1. The Petrapole-Benapole border checkpoint controls the foreign trade between India and Bangladesh. 2. Petrapole is on Bangladesh side and Benapole is on Indian side. Which of the statements given above is/are correct?

3. What would be the consequence of increasing the indirect taxes in any economy? 1. Increases in GDP at factor cost 2. Fall in GDP at factor cost 3. Rise in GDP at market price 4. Fall in GDP at market price choose the correct option from the codes:

4. Under which of the give circumstance(s) RBI might sell the Government Securities in open market?

5. A great deal of Foreign Direct Investment(FDI) to India comes from Mauritius than from any other major economies like UK and France.Why?

6. Which among the given option(s) are the functions performed by Reserve Bank of India? 1. RBI manages inflation 2. RBI acts as the banker’s bank 3. RBI manages India’s Foreign Exchanges 4. RBI handles the borrowing program of government Select the correct answer using the codes given below.

7. One rupee note in India is signed by:

8. What could be the possible effect of expansionary fiscal policy: 1. Fiscal deficit rise 2. Labor wage rise 3. income tax rate rise choose the correct option from the codes:

9. Consider the following statements: 1. Kelkar Committee is associated to oil and gas. 2. Kelkar Committee has to prepare a roadmap for enhancing import of oil and gas. Which of the statements given above is/are correct?

10. Which statement is correct regarding capital account?