Economics Class 10 Government and Taxes Questions - 1
Question: 1
_____ tax is levied on companies that exist as separate entities from their shareholders.
Answer:
Corporate
Question: 2
The unaccounted money that is concealed from the tax administrator is called ______
Answer:
black money
Question: 5
_____ is levied by government for the development of the state’s economy.
Answer:
Tax
Question: 7
The Union government is responsible for creating and maintaining _____
Answer:
defence forces
Question: 8
The present Indian tax system is based on the ______ tax system.
Answer:
ancient
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