Taxes on professions can be levied by
(A) State government only
(B) both by state and union government
(C) by panchayats only
(D) Union government only
Correct Answer : State government only
Question Asked : SSC CAPFs SI & CISF ASI Exam 2013
Explanation : In India, the professional tax is imposed at the state level. However, not all the states impose this tax. Business owners, working individuals, merchants and people carrying out various occupations comes under the purview of this tax. Professional tax is levied by particular Municipal Corporations.
....Read more
Useful Quotations for : UPSC, State PSC, IBPS, SSC, Railway, NDA, Police Exams
Like The Facebook Page
CurrentGK for
Current Affairs, Latest GK &
Employment News
Tags : Agriculture Expenditure Income Industry Policies & Importance