Economics · Economy

As per the Union Budget data, which tax constitutes the single largest source of the Central Government's gross tax revenue collections?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Customs Duty
2Income Tax✓
3Corporation Tax
4Union Excise Duty

Correct answer

Income Tax

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As per the Union Budget data, which tax constitutes the single largest source of the Central Government's gross tax revenue collections?

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As per the Union Budget data, which tax constitutes the single largest source of the Central Government's gross tax revenue collections?

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