Site navigation

In India the share of Corporation Tax to the gross tax revenue has been -

Corporation tax accounted for about 32.5% of gross tax revenue in the 2015–16 Budget Estimates, making 32% the closest option. This is a dated budget share; the question…

Choose your answer

In India the share of Corporation Tax to the gross tax revenue has been -

Select one answer
Answer and explanation

Correct answer B

Corporation tax accounted for about 32.5% of gross tax revenue in the 2015–16 Budget Estimates, making 32% the closest option. This is a dated budget share; the question omits the financial year and estimate type.

Practice for these exams

  • Rajasthan Jailor

  • Bihar Judicial Services

    Subject revision

  • Uttarakhand Judicial Services

    Subject revision

Related question papers

Related exam syllabi

Related questions in this topic