GENERAL KNOWLEDGE

GK

TAXES IN INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following taxes is/are withdrawn or abolished?
A
Gift tax
B
Interest tax
C
Estate duty
D
All of the above
Explanation: 

Detailed explanation-1: -The correct answer is b, c & d. Interest tax was withdrawn in 2000-01. Estate duty was abolished in 1985. The gift tax was abolished in 1998-99.

Detailed explanation-2: -The correct answer is Service Tax.

There is 1 question to complete.