Corporation tax is _____________
Alevied and appropriated by the States
Blevied by the Union and collected and appropriated by the States
Clevied by the Union and shared by the Union and the States
Dlevied by the Union and belongs to it exclusively
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Related Questions:
Consider the following statements regarding the ‘Regressive taxation’:
I.Regressive taxation method has decreasing rates of tax for increasing value or volume on which the tax is being imposed.
II.For regressive taxation are not any permanent or specific sectors for such taxes.
III.The regressive taxation method while appreciated for rewarding the higher producers or income-earners is criticised for being more taxing on the poor and low-producers.
Which of the following statement(s) is/are correct?
കാർഷിക ആദായ നികുതി ഏർപ്പെടുത്തിയ ആദ്യ ഇന്ത്യൻ സംസ്ഥാനം ഏത് ?
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%
Which of the following describes the nature of non-tax revenue receipts?
Non-tax revenue is part of which component of the government budget?