The tax levied by the union government on income of individuals is known as

Related MCQs

• Which of the following is a union tax?
• Which of the following is not a union tax?
• Taxes are levied to
• The tax on net income of companies is
• Consider the following statements and identify the right ones. i. While calculating GNP, income generated by foreigners in a country is taken into consideration ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account
• Piyush’s mother is a teacher. She also teaches Piyush. How would you treat this white calculating national income and domestic income?
• The ratio of change in the national income in relation to the change in government spending that causes it is referred to as:
• In a free market economy, self-interested individuals operate through a system of mutual interdependence to promote the general benefit of society at large. Adam Smith referred this as:
• Product method of calculating national income is also known as:
• The average income of a country is called