A tax levied on a firm's profits is known as:
AIncome tax.
BSales tax.
CCorporation tax.
DProperty tax.
AIncome tax.
BSales tax.
CCorporation tax.
DProperty tax.
Related Questions:
Which among the following income tax rate is applicable to a normal resident individual
other than senior and super senior citizen in India at present?
(i) Up to Rs. 2,50,000 – Nil
(ii) Rs. 2,50,000 to Rs. 5,00,000 – 5%
(iii) Rs. 5,00,000 to Rs. 10,00,000 – 10%
(iv) Above Rs. 10,00,000 – 20%