Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 10

The most common and important tax levied on an individual in India is ______. - Social Science

Advertisements
Advertisements
MCQ
Fill in the Blanks

The most common and important tax levied on an individual in India is ______.

Options

  • Service tax

  • Excise duty

  • Income tax

  • Central sales tax

Advertisements

Solution

The most common and important tax levied on an individual in India is Service tax.

Concept: Types of Taxes
  Is there an error in this question or solution?
Chapter 4.04: Government and Taxes - Exercises [Page 327]

APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 10th SSLC Social Science Answers Guide
Chapter 4.04 Government and Taxes
Exercises | Q I 4. | Page 327

RELATED QUESTIONS

______ is the method, where the rate of tax is same regardless size of the income.


______ is paid to the Government by the recipient of gift depending on value of gift.


______ tax burden cannot be shifted by taxpayers.


Indirect tax is______ elastic.


What is Goods and Service Tax?


Distinguish between the direct and indirect tax.


Under which tax one nation, one uniform tax is ensured ______.


Income tax was introduced in india for the first time in the year ______.


______ tax is charged on the benefits derived from property ownership.


The Goods and Service Tax act came into effect on ______.


Match the following

1. Income Tax Value added tax
2. Excise duty 1 July 2017
3. VAT Smuggling
4. GST Direct tax
5. Black money Indirect tax

Write short note on Goods and Service Tax.


What is progressive tax?


Write about stamp duty.


France introduced GST in the year ______.


What is wealth tax?


______ is a method by which the rate of tax will also increase with the increase of income.


Give an account of Tool tax and Road Tax.


Excise tax in India ______ is levied by the Central Government.


Mention some of the Wealth Taxes.


Identify the type of taxation shown in the figure below.


Differentiate between progressive taxation and proportional taxation.


State two features of indirect tax.


Explain how an increase in sales tax can cause an increase in price.


The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.


Wealth tax is an example of ______.


Define progressive taxation.


Draw a neat labelled diagram for progressive taxation.


What is meant by impact of taxation?


What is meant by incidence of taxation?


Share
Notifications



      Forgot password?
Use app×