MCQOPTIONS
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| 1. |
In India both direct and indirect taxes are levied by the Central and State Government. Which of the following is levied by the State Governments? [Railway Apprentices' Exam 1993] |
| A. | Excise Duty on liquor |
| B. | Capital gains Tax |
| C. | Customs Duty |
| D. | Corporation Tax |
| Answer» B. Capital gains Tax | |