GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Corporate Tax is imposed by
|
|
Local Government
|
|
|
State Government
|
|
|
Central Government
|
|
|
Both Central Government and State Government
|
Explanation:
Detailed explanation-1: -Corporate tax is a kind of direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities. Corporate income tax rates are mandated by the central government.
Detailed explanation-2: -The correct option is B Land revenue Which of the following is not a Central Government Tax?
Detailed explanation-3: -Companies, both private and public, registered in India under the Companies Act will be required to pay corporate tax.
There is 1 question to complete.