MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Rights of the Citizens

From where do...

Question

From where does a major portion of tax revenue for the central government come from?

A

Corporation tax

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Income tax

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Borrowings

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Union Excise Duties

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Corporation tax
A major portion of tax revenue for the central government is corporation tax since it is levied on companies. Hence, it comes from corporation tax.

Suggest Corrections

thumbs-up

5

Similar questions

Q. From where does a major portion of tax revenue for the central government come from?

Q. Choose the correct answer from the alternatives given.
Directions for questions 71 to 75: Revenue earned by the Central Government is given in Pie-chart. Study the pie-chart and answer the given questions.
A = Customs duty
B = Others
C = Income Tax
D = Corporation Tax
E = Excise duty
If the revenue earned by the Central Government from Corporation Tax is x times that of the revenue earned from Excise duty, then the value of x is

Q. The main sources of revenue of the Central Government are _________.

1

2

. Corporate tax

3

. Customs duties

4

. Excise duties
On the basis of their importance their correct sequence is ascending order is?

Q. Choose the correct answer from the alternatives given.
Directions for questions 71 to 75: Revenue earned by the Central Government is given in Pie-chart. Study the pie-chart and answer the given questions.
A = Customs duty
B = Others
C = Income Tax
D = Corporation Tax
E = Excise duty
The ratio of revenue earned from excise duty and customs duty to that of others is

Q. Choose the correct answer from the alternatives given.
Directions for questions 71 to 75: Revenue earned by the Central Government is given in Pie-chart. Study the pie-chart and answer the given questions.
A = Customs duty
B = Others
C = Income Tax
D = Corporation Tax
E = Excise duty
What would be the approximate central angle for the revenue earned by the others sources ?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Rights of the Citizens

CIVICS

Watch in App

explore_more_icon

Explore more

Rights of the Citizens

Standard VIII Civics

Join BYJU'S Learning Program

CrossIcon