HSC Commerce (Marketing and Salesmanship) 12th Board ExamMaharashtra State Board
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_____________ is an Example of Direct Tax - HSC Commerce (Marketing and Salesmanship) 12th Board Exam - Economics

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Question

_____________ is an example of direct tax.
[Excise duty/ Income tax / Sales tax / Gifts]

Solution

Income tax is an example of direct tax. 
Direct taxes are those taxes that are borne by the person on whom it is imposed. The burden of such taxes cannot be shifted on to others. For example, income tax, wealth tax, etc.

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APPEARS IN

 2013-2014 (October) (with solutions)
Question 1.1.5 | 1.00 mark
Solution _____________ is an Example of Direct Tax Concept: Taxable Income.
S
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