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Delhi Police Constable Exam Model Paper 6
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© examsnet.com
Question : 33
Total: 100
Which of the following is not a Direct tax?
Customs duty
Corporate tax
Gift tax
Income tax
Validate
Solution:
The correct answer is option 1 i.e.,
Customs duty
Customs duty
is not a Direct tax.
Indirect taxes are those paid by consumers when they buy goods and services.
Customs duty is the charge levied when goods are imported into the country and paid by the importer or exporter.
Direct Taxes
are the taxes that are levied on the income of individuals or organizations. Example - Income tax, corporate tax.
A corporate tax is a levy placed on a firm's profit by the government.
A gift tax is a tax on money or property that one living person gives to another
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