Which of the following taxes is/are withdrawn or abolished?i. Interest taxii. Estate dutyiii. Gift taxChoose the right option from below

For Competitive Exams

Which of the following taxes is/are withdrawn or abolished?
i. Interest tax
ii. Estate duty
iii. Gift tax
Choose the right option from below

i only

i and ii

i and iii only

i , ii and iii only

Explanation:
Interest tax was withdrawn in 2000-01, estate duty abolished in 1985 and gift tax in 1998-99.

Next Question

The most important source of revenue to the states is
i. Sales tax
ii. Service tax
iii. Excise duty
Choose the right option from below

Share with Friends