Which of the following is not an indirect tax ?

Related Mcqs:

1. The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?

   A. indirect taxes B. direct taxes C. inelastic D. value-added tax...

2. Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?

   A. Rs 50000 B. 20% C. 25% D. Rs 10000...

3. An example of an indirect tax is ?

   A. VAT B. inheritance tax C. income tax D. a tax on profits...

4. An example of an indirect tax is ?

   A. income tax B. VAT C. a tax on profits. D. inheritance tax...

5. From the sale of capital assets tax is levied on profits. What this tax is called ?

   A. Profit tax B. Capital gains tax C. Excise duty D. Capital tax...

6. Government levy tax on imports and exports What this tax is called ?

   A. Custom B. Exercise Duty C. Tariff D. Freight...

7. A tax which is paid by the person on whom the tax is incident is called a ?

   A. Local tax B. Indirect tax C. Direct tax D. Rate...

8. When a tax on a good start small and is gradually increased tax revenue ?

   A. will fall B. will rise C. will first rise and then fall D. will first fall and then rise...

9. If a tax on a good is doubled the deadweight loss from the tax ?

   A. doubles B. stays the same C. increase by a factor of four. D. could rise or fall...

10. If the income tax rate changes from 30% to 40% on income over Rs30,000 and a person’s income is Rs 31,000 then her marginal tax rate is ?

    A. 30% B. 10% C. 70% D. 40%...