Fill in the blank with appropriate alternatives given below _________

1.	Fill in the blank with appropriate alternatives given below __________ is an example of direct tax.OptionsExcise dutyWealth taxSales taxGifts
Answer» Wealth tax is an example of direct tax. Explanation: Direct taxes are those taxes which are borne by the person on whom they are imposed. Since a wealth tax is directly imposed on the wealth of an individual, and the burden of this tax cannot be shifted to other, it is an example of direct tax.

Fill in the blank with appropriate alternatives given below __________ is an example of direct tax.OptionsExcise dutyWealth taxSales taxGifts

Answer»

Wealth tax is an example of direct tax.

Explanation:

Direct taxes are those taxes which are borne by the person on whom they are imposed. Since a wealth tax is directly imposed on the wealth of an individual, and the burden of this tax cannot be shifted to other, it is an example of direct tax.

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Fill in the blank with appropriate alternatives given below __________ is an example of direct tax.OptionsExcise dutyWealth taxSales taxGifts

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