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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->How is the tax which is paid by the person on whom the tax is incident?....
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->ഇന്ത്യയിൽ മൂല്യവർദ്ധിതനികുതി -VAT -Value Added Tax - നിലവിൽ വന്ന വർഷം?....
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MCQ->As we all know Govt. of Indiacollects tax revenue on variousactivities in the country. Whichof the following is a part of thetax revenue of the Govt. ? (i) Tax on Income(ii) Tax on Expenditure(iii) Tax on Property or CapitalAsset(iv) Tax on Goods and Services...
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?...
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->Find out which of the following are direct tax by using the codes given below. Income tax Sales tax Corporation tax Excise duty...
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