Which of the following is the single comprehensive indirect tax?

GST

The correct answer is Option (4) → GST

GST (Goods and Services Tax) is: A single comprehensive indirect tax that has replaced multiple indirect taxes in India like VAT, service tax, excise duty, etc. It is:

• Destination-based

• Levied on the supply of goods and services

• Designed to unify the indirect tax structure across the country

Other options:

• Revenue receipt – Money received by the government through regular sources like taxes, fees, interest, etc.

• Capital receipt – Money received through loans, disinvestment, or recovery of loans (non-recurring).

• Fiscal receipt – Not a standard term in public finance.