wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is NOT a non-tax receipt?


A

Fees

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

Fines

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

Gift tax

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

Grants and donations

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

The correct option is C

Gift tax


Gift tax belonged to direct taxes which does not have much significance in terms of revenue yield. It is not a non-tax receipt.


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Revenue budget
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon