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Which of the following is wrongly matched?

A) Cess - a compulsory levy collected by the government for a particular purpose from all persons
B) Rate - a compulsory levy collected by the government from the beneficent of particular schemes
C) Corporation tax - levied by corporations for civic amenities
D) Proportional tax - a tax levied at the sae time at all levels of the base

Correct Answer:



C) Corporation tax - levied by corporations for civic amenities

Part of solved Fiscal System questions and answers : General Knowledge >> Economy >> Fiscal System

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A). esteem and prestige

B). roles and duties

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