

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 | |