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Which of the following is considered a source of direct tax revenue for a government?

ASales tax

BProperty tax

CIncome tax.

DTariffs

Answer:

C. Income tax.

Read Explanation:

  • Income tax is a direct tax because the burden cannot be shifted to another person; it is paid directly by the person or entity earning the income.


Related Questions:

What is the primary goal of a progressive tax system?
The non-tax revenue in the following is:
താഴെ പറയുന്നവയിൽ തദ്ദേശസ്വയംഭരണ സ്ഥാപനങ്ങൾ ചുമത്തുന്ന നികുതികളിൽ പെടാത്തത് ഏത് ?
A tax that falls more heavily on lower-income individuals as a percentage of their income is a:

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%