The person who pays tax is called
tax payer
shareholder
tax holder
none of these
Which tax affects the common man more?
Direct tax
Indirect tax
Professional tax
Corporate tax
Which of the following taxes will be levied on imports?
CGST
SGST
IGST
None of these
Tax is imposed on a person by
State govt
Central govt
Bothe the above
Which of the following is Indirect tax?
Income tax
Wealth tax
Corporation tax
Sales tax
___________ is not a direct taxes.
Gift tax
GST
Who is the Chairman & Head of the GST council?
Prime Minister
President
Union Finance Minister
State Finance Minister
An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as
Income estimates
Budget
Accounts
Expenditure
When does the purchasing power of the people increases?
During Deflation
During inflation
nil
Which of the following budget is suitable for developing economies?
Deficit Budget
Balanced Budget
Surplus Budget