MyQuestionIcon

1

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

Direct Taxes

Which of the ...

Question

Which of the following authority collects property tax?

A

Local government

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

B

State government

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

C

Union government

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

D

Both Union and state governments

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

Open in App

Solution

The correct option is A Local government
Tax on real estate property, such as a house or an office building, is called property tax. It is imposed and collected by the local government like the local municipal authority of the region.

Suggest Corrections

thumbs-up

0

Similar questions

Q. 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

Q. Mention some articles of trade on which temple authorities collected taxes.

Q. Which of the following is a tax imposed on property transactions?

Q. Consider the following taxes:
1. Sales tax

2. Value-added tax

3. Property tax
Which of the taxes given above are Ad valorem tax/taxes?

Q. Tehsildar is responsible for the collection of revenue and property taxes as assessed by the ________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Question No. 9

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard X Economics

Join BYJU'S Learning Program

CrossIcon