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Question

Which of the following is an example of a direct tax?



Your Answer
A

Custom duty

Correct Answer
B

Income tax

Your Answer
C

Service tax

Your Answer
D

Excise duty


Solution

The correct option is A

Income tax


Taxes imposed on income or properties are direct taxes. They are paid directly to the government by the person on whom they are imposed. For example, Income tax, wealth tax corporation tax, etc.

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