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Question
Which of the following is not a direct tax?
Options
corporate tax
GST
income tax
wealth tax
MCQ
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Solution
GST
Explanation:
- GST (Goods and Services Tax) is an indirect tax because it is collected from the consumer by the seller and then paid to the government.
- In contrast, corporate tax, income tax, and wealth tax are direct taxes paid directly by individuals or entities to the government.
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