Which pair out of the following is not a

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Which pair out of the following is not a pair of indirect taxes?

Options:

Excise duty and Goods and Services Tax

Service Tax and Value Added Tax

Income tax and Wealth tax

Excise Duty and Service Tax

Correct Answer:

Income tax and Wealth tax

Explanation:

Not a pair of indirect taxes means we have to find out the pair of direct taxes. Income tax and wealth tax is a pair of direct taxes.