As we all know Govt of India collects tax revenue on various activities in the country. Which of the following is a part the tax revenue of the Govt?
A. Tax on Income
B. Tax on Expenditure
C. Tax on Property or Capital Asset
D. Tax on Goods and Services

Both (A) and (C) only

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Both (B) and (D) only

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All (A), (B), (C) and (D)

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Only (C) and (D)

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Solution

The correct option is C All (A), (B), (C) and (D)
Tax on income, tax on expenditure, tax on property or capital assets and the tax on goods and services- all form a part of tax revenue of the Government. This means that revenue is collected by the government from ll these items.

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As we all know Govt of India collects tax revenue on various activities in the country. Which of the following is a part the tax revenue of the Govt?A. Tax on IncomeB. Tax on ExpenditureC. Tax on Property or Capital AssetD. Tax on Goods and Services

The correct option is C All (A), (B), (C) and (D)Tax on income, tax on expenditure, tax on property or capital assets and the tax on goods and services- all form a part of tax revenue of the Government. This means that revenue is collected by the government from ll these items.

As we all know Govt of India collects tax revenue on various activities in the country. Which of the following is a part the tax revenue of the Govt?
A. Tax on Income
B. Tax on Expenditure
C. Tax on Property or Capital Asset
D. Tax on Goods and Services

The correct option is C All (A), (B), (C) and (D)
Tax on income, tax on expenditure, tax on property or capital assets and the tax on goods and services- all form a part of tax revenue of the Government. This means that revenue is collected by the government from ll these items.