Which of the following is Indirect tax?
Income tax
Wealth tax
Corporation tax
Sales tax
Which of the following is the major source of Government revenue
Indirect tax
Direct tax
Interest
Divident and Profit
The person who pays tax is called
tax payer
shareholder
tax holder
none of these
Financial Year in India is
April I to March 31
January 1 to December 31
October 1 to September 30
None of these
__________ is an additional tax on tax amount.
Surcharge
Cess
Grant
None of the above
An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as
Income estimates
Budget
Accounts
Expenditure
How is the Public Finance presented?
Through Grants
Through Revenue
Through Budget
Through Tax
Tax is imposed on a person by
State govt
Central govt
Bothe the above
What is the duration of a Budget ?
Annual
Two Years
Five Years
Ten Years
The most important source of Public revenue is
Taxes
Licence fee
Divident and profit
