Which one of the following is a direct tax?
(A) Sales Tax
(B) Excise Tax
(C) Wealth Tax
(D) Entertainment Tax
Correct Answer : Wealth Tax
Question Asked : SSC Multi-Tasking Staff Exam 2013
Explanation : Direct tax is a tax levied directly on the person or company that has to pay it. These taxes are paid directly to the tax authority.
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Tags : macroeconomics