Economics · Economics
What type of tax is income tax?
- 1A tax levied on the value of goods
- 2A tax levied on the basis of property
- 3A tax levied on the basis of income✓
- 4A tax levied on specific projects
Correct answer
A tax levied on the basis of income
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economics