Economics · Public Finance and Taxation
What type of tax is 'Octroi'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A tax levied by local or municipal bodies on the entry of goods into a local area✓
- 2A state tax levied directly on personal income
- 3A central tax collected on corporate profits
- 4A tax levied by the Gram Panchayat on agricultural land ownership
Correct answer
A tax levied by local or municipal bodies on the entry of goods into a local area
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