CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Revenue Budget

Which of foll...

Question

Which of following is a direct tax?

A

corporation tax

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

B

entertainment tax

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

C

excise duty

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

D

service tax

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

Open in App

Solution

The correct option is A
corporation tax

Corporate tax is a direct tax. Entertainment tax, excise duty and service tax are indirect taxes.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Excise Duty, Customs Duty, Service Tax, Sales Tax, Purchase Tax, Entry Tax, etc. are examples of ______________.

Q. Short answer type questions:
Giving reasons classify the following into direct and indirect tax: (i) Corporate tax; (ii) Goods and Services Tax.

Q. Classify the following types of tax into direct and indirect taxes:
i. Entertainment tax
ii. Income tax
iii. House tax
iv. Sales tax

Q. Giving reasons, classify the following as direct and indirect taxes:
(i) IncomeTax
(ii) Goods and Services Tax
(iii) Corporate Tax
(iv) Capital GainsTax

Q. Which of the following are direct taxes?
I. Income tax
II. Goods & Service Tax
III. Gift Tax
IV. Custom Duty

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Revenue budget

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon