1. On which tax is the minimum effect of Direct Taxes?

Answer: Income

Reply

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->On which tax is the minimum effect of Direct Taxes?....
QA->The Direct Tax Code (DTC) task force has recommended a major cut in corporate tax for both domestic and foreign companies. What is the newly recommended corporate tax rate for both domestic and foreign companies?....
QA->In order to promote growth and investment, a new provision has been inserted in the Income-tax Act with effect from FY 2019-20 which allows any domestic company an option to pay income-tax at the rate of __ per cent subject to condition that they will not avail any exemption/incentive.?....
QA->Name the new Chairman of Central Board of Direct Taxes (CBDT) who will succeed Sushil Chandra?....
QA->Which is not a direct tax?....
MCQ->Which of the following are among the taxes levied exclusively by the Central Government and are mentioned in the Union List of the Seventh Schedule of the Constitution of India: (1) Corporation Tax (2) Taxes on advertisement in the newspapers (3) Taxes on Agricultural income (4) Taxes on consumption/sale of electricity...
MCQ->Conside the statements and choose the correct answer. Which of the following taxes is/are levied and collected by union and distributed to states a) Taxes on income other than agricultural income b) Tax on tobacco c) Sales tax d) Corporation tax...
MCQ->Consider the following taxes: 1.%%Service Tax 2.%%Tax on profession of CA 3.%%Tax on interest earned on investment Which among the above is / are indirect taxes?...
MCQ->Statement: Should all the indirect taxes in India be combined into a single tax on all commodities? Arguments: Yes. This will considerably simplify the tax collection mechanism and the cost of collecting tax will also reduce. Yes. The manufacturers and traders will be benefited by this which in turn will boost tax collection. No. No other country has adopted such system.

...
MCQ->Many a times we read in the financial newspapers about a term “Progressive Tax System”. Consider the following statements in this context: 1.%%Progressive tax is harsher on the poor sections of the society 2.%%In Progressive tax, average tax rate is less than the marginal tax rate Which among the above statements is / are correct?...
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution