CA Foundation Exam  >  CA Foundation Tests  >  Business Economics for CA Foundation  >  Test: Tax System - CA Foundation MCQ

Test: Tax System - CA Foundation MCQ


Test Description

30 Questions MCQ Test Business Economics for CA Foundation - Test: Tax System

Test: Tax System for CA Foundation 2024 is part of Business Economics for CA Foundation preparation. The Test: Tax System questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Tax System MCQs are made for CA Foundation 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Tax System below.
Solutions of Test: Tax System questions in English are available as part of our Business Economics for CA Foundation for CA Foundation & Test: Tax System solutions in Hindi for Business Economics for CA Foundation course. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free. Attempt Test: Tax System | 30 questions in 30 minutes | Mock test for CA Foundation preparation | Free important questions MCQ to study Business Economics for CA Foundation for CA Foundation Exam | Download free PDF with solutions
Test: Tax System - Question 1

Fringe Benefit Tax came in ________.

Test: Tax System - Question 2

As MODVAT had defects so it was ________.

1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Tax System - Question 3

 Which of the following is an Indirect tax:

Test: Tax System - Question 4

Direct taxes are_________in nature

Test: Tax System - Question 5

VAT was introduced in 1999 and was implemented in ______ some states:

Test: Tax System - Question 6

Service Tax was introduced in: 

Test: Tax System - Question 7

 Income tax in India is ________ in nature: 

Test: Tax System - Question 8

Corporate tax is levied on the incomes of ________.

Test: Tax System - Question 9

Highest Tax revenue is earned by:

Test: Tax System - Question 10

Cenvat is related to: 

Test: Tax System - Question 11

Which proves to be a heavy tax on lower section of people?

Test: Tax System - Question 12

 VAT is levied by __________.

Test: Tax System - Question 13

Wealth tax on annual basis was introduced in: 

Test: Tax System - Question 14

 What is the nature of Income tax?

Test: Tax System - Question 15

MODVAT was introduced in India in union budget of: 

Test: Tax System - Question 16

 CENVAT was introduced in: 

Test: Tax System - Question 17

Which proves to be a heavy tax on lower section of people?

Test: Tax System - Question 18

Excise duty is levied on _______.

Test: Tax System - Question 19

State which of the following income is wholly exempt from the income tax?

Test: Tax System - Question 20

 Highest Tax revenue is earned by:

Test: Tax System - Question 21

VAT was introduced in 1999 and was implemented in ______ some states:

Test: Tax System - Question 22

Direct taxes being progressive in nature, helps to______.

Test: Tax System - Question 23

Weakness of tax system in India:

Test: Tax System - Question 24

When was Patent Infringement Act passed?

Test: Tax System - Question 25

MODVAT was introduced in India in union budget of: 

Test: Tax System - Question 26

 The proceeds of personal income tax are shared between the centre and state on the recommendation of:

Test: Tax System - Question 27

Custom duties are levied ______.

Test: Tax System - Question 28

Which one is the merit of VAT?

Test: Tax System - Question 29

Income tax in India is ________ in nature: 

Test: Tax System - Question 30

Which of the following is an Indirect tax:

135 videos|190 docs|88 tests
Information about Test: Tax System Page
In this test you can find the Exam questions for Test: Tax System solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Tax System, EduRev gives you an ample number of Online tests for practice

Top Courses for CA Foundation

Download as PDF

Top Courses for CA Foundation