19.
Direct tax code had come into force from
Answer : A. 1st April , 2012
20.
MAT is new tax introduced in the 1996-97 Budget.It relates to
Answer : B. Customs duty for aircrafts imported by Indian Airlines and Air India
21.
Which of the following is a direct tax?
Answer : B. Estate duty
22.
Match the following
Answer : C. a-1,b-2,c-3,d-4
23.
Indirect tax means
Answer : D. there is no direct relationship between the taxpayer and the Government
24.
The federal form of government consists of
Answer : B. central, state and local government