Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following falls under the category of a State Government's tax revenue?

ACorporate Income Tax

BSales Tax

CProperty Tax

DCustoms Duty

Answer:

B. Sales Tax

Read Explanation:

  • Sales tax is a compulsory, indirect tax levied on the sale of goods and services, making it a source of tax revenue.


Related Questions:

Which of the following would lead to an increase in non-tax revenue?
An excise tax is a tax on:
Which of the following is a non-tax revenue source from the government's administrative functions?
വാറ്റ് (VAT) എന്ന പേരിൽ വില്പന നികുതി ഇന്ത്യയിലെ ഭൂരിഭാഗം സംസ്ഥാനങ്ങളിലും ഏർപ്പെടുത്തിയ വർഷം ?
What is a capital gains tax?