Column I | Column II | ||
A. | Gift Tax | (i) | Regressive tax |
B. | Goods and Services Tax | (ii) | Direct tax |
C. | Income Tax | (iii) | Paper tax |
A) A-(ii) B-(i) C-(iii)
B) A-(iii) B-(i) C-(ii)
C) A-(ii) B-(iii) C-(i)
D) A-(i) B-(iii) C-(ii)
Correct Answer: B
Solution :
Gift tax is a paper tax which has little relevance in India. Income tax is an example of direct tax while GST is an example of indirect tax.You need to login to perform this action.
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