BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Income Tax
|
|
|
Professional Tax
|
|
|
Excise Duty
|
|
|
Dividend Distribution Tax
|
Detailed explanation-1: -Detailed Solution. The correct answer is Excise Tax. Excise tax is not levied by the Union Government.
Detailed explanation-2: -The correct option is B Land revenue Which of the following is not a Central Government Tax? Q.
Detailed explanation-3: -Detailed Solution. The correct answer is Custom Duty. Custom Duty tax is not included in Goods and Services Tax (GST).
Detailed explanation-4: -The correct answer is Stamp duties. Stamp duties are levied by Union and collected and appropriated by States.
Detailed explanation-5: -Professional tax is a direct tax that is deducted from your gross salary by your employer. This tax is levied by the state government and thus can vary depending on the state you live in. The maximum limit of which you can be charged is Rs 2500. The tax is calculated based on the slabs.