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The income earned by the government from the property of a person who dies without a legal heir is known as:

AForfeiture

BConfiscation

CEscheat

DSeizure

Answer:

C. Escheat

Read Explanation:

  • Escheat refers to the transfer of property to the government when an individual dies without leaving a legal will or heir.

  • Forfeiture is the seizure of assets as a penalty, a grant is a donation, and a penalty is a fine for breaking a rule.


Related Questions:

What is the term for a tax that is imposed on the spending of money rather than on the earning of it?
സംസ്ഥാന ഗവണ്‍മെന്‍റിന്‍റെ പ്രധാനവരുമാന മാര്‍ഗ്ഗം 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%

നികുതികളുടെ ‘ഒപ്റ്റിമൽ മിശ്രണം’ സംബന്ധിച്ച് താഴെപ്പറയുന്ന പ്രസ്താവനകളിൽ ഏതാണ് ശരി ?
ഓൺലൈൻ ഗെയിം വഴിയുള്ള വരുമാനത്തിന് നിശ്ചയിച്ചിട്ടുള്ള നികുതി എത്ര ശതമാനമാണ്?