Income Tax is an example of which type of tax? (NDA PYQ)
AIndirect tax collected at point of sale
BRegressive tax on all income levels
CDirect tax paid by the person on whom it is levied
DProportional tax with same rate for all
Question 3
IGST is levied on: (NDA PYQ)
ASales within a single state to end consumers
BServices provided by banks to individuals
CInter-state supply of goods and services
DImports of agricultural produce only
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