Prostuti360°Prostuti360°
Log in

WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 187 of 200

Q187
Indian EconomyPublic Finance, Budget & Taxation
Which is not an indirect tax in India?
  1. a.Customs
  2. b.Excise
  3. c.Sales tax
  4. d.Corporate tax

Answer: (D) Corporate tax

Corporation tax is levied on companies' profits and cannot be shifted, so it is a direct tax. Customs, excise and sales tax are passed on to buyers through prices and are indirect taxes.

Q186 Whole paperQ188