Q.61)-Which one of the following taxes is collected and utilized by the State Governments?
- Personal income tax
- Corporation tax
- Land revenue
- Custom duties
Q.62)-Which of the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states?
- Expenditure Tax and Gift Tax
- Additional Duties of Excise in lieu of Sale Tax
- Stamps and Registration
- Taxes on Advertisement
Q.63)-In India which of the following taxes is levied by the state governments?
- Excise duty on liquor
- Capital gains tax
- Customs tax
- Corporation tax
Q.64)-Excise duty is levied on-
- Sale of goods
- Production of goods
- Import of goods
- Export of goods
Q.65)-The GST recently passed by Government will be levied on which of the following products?
- Petroleum Crude
- Tobacco
- Natural Gas
- Aviation Turbine Fuel
Q.66)-Tax on Inheritance is called _________________
- Excise Duty
- Estate Duty
- Gift Tax
- Sales Tax
Q.67)-Which of the following tax systems will help to reduce economic inequalities in India?
- Regressive Tax
- Progressive Tax
- Flat rate tax
- None of these
Q.68)-Which state Government has recently abolished "agriculture income tax"
- Karnataka
- Rajasthan
- Bihar
- Assam
Q.69)-CENVAT is related to which of the following?
- Sales Tax
- Excise Duty
- Custom Duty
- Service Tax
Q.70)-What is an octroi?
- Tax
- Tax collection center
- Tax processing center
- Tax information center