Taxes are compulsory financial charges imposed by a government to fund public expenditures. MAT is a direct tax, while GST and VAT are indirect taxes on consumption.
Which of the following is not a tax ?
Asked in APPSC Miscellaneous 2023 · Topic: Fiscal Policy & Revenue (Sources of Government Revenue: Tax and Non-Tax Revenue)
More Economic Development questions
- The largest revenue in India obtained from:
- Land revenue is
- Corporate profit tax is
- Central Government do not collect revenue from these sources:
- Percentage of people giving personal income tax in India is
- Proceeds of Personal income tax go to
- Relative importance in Government revenue in India is high in case of
- Point out the incorrect statement : Excise duty is