Which of the following taxes is levied by the State Government only?
(A) Wealth tax
(B) Entertainment tax
(C) Income tax
(D) Gift tax
Correct Answer : Entertainment tax
Question Asked : SSC CGL Tier-I (CBE) Exam 2016
Explanation : Entertainment tax is an indirect tax that is levied by the State Governments in India, it is levied on every financial transaction that is related to entertainment such as movie tickets, major commercial shows and big private festivals. Some other forms of entertainment that are included in the purview of entertainment taxes :
• Amusement parks
• Video games
• Arcades
• Exhibitions
• Celebrity stage shows
• Sports activities
....Read more
Useful Quotations for : UPSC, State PSC, IBPS, SSC, Railway, NDA, Police Exams
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