Question

The tax paid by Indians which come under 'Direct Tax' is

• A. G.S.T.
• B. Excise Duty
• C. Customs Duty
• D. Income Tax

Hint:

Income tax is a direct tax that individuals and businesses pay based on their income, while GST, excise, and customs duties are indirect taxes.

Answer 1

The Correct Option is D

Step 1: Understanding Direct Tax.
Direct taxes are those that are paid directly to the government by the taxpayer, such as income tax.

Step 2: Why other options are incorrect.
- (A) G.S.T. (Goods and Services Tax) is an indirect tax, not a direct tax.
- (B) Excise Duty is an indirect tax paid on goods manufactured within the country.
- (C) Customs Duty is also an indirect tax paid on imports and exports.

Step 3: Conclusion.
The correct answer is Income Tax, which is a direct tax.

Final Answer: Income Tax.