Corporation Tax is a direct tax levied on the profits or income of registered companies or corporations. It is distinct from taxes on production, sales, or stock.
Corporation Tax is on:
Asked in RPSC RAS Prelims 1996 · Topic: Fiscal Policy & Revenue (Taxation System in India: Direct, Indirect taxes, and Tax Reforms (including GST))
More Economic Development questions
- There is no GST on which of the following ? i. Petrol and Diesel ii. Liquor iii. Electricity supply to consumers iv. Services of Charitable entities
- Which of the following taxes replaced a number of indirect taxes?
- Which state is collecting VAT through E- payment?
- In the post economic reform period, the tax reform measures implied the following:
- Find which statement is correct. Sales Tax
- Taxation on agricultural income in India is
- GST was recommended by
- Find the odd one out: