As of November 2026, arrange goods and services tax, corporation tax, taxes on income and customs in…
The 2026–27 Budget Estimates place taxes on income first at ₹14,66,000 crore, followed by corporation tax at ₹12,31,000 crore, goods and services tax at ₹10,19,020 crore and…
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As of November 2026, arrange goods and services tax, corporation tax, taxes on income and customs in descending order of their estimated contribution to the Union’s gross tax revenue in 2026–27.
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Correct answer B
The 2026–27 Budget Estimates place taxes on income first at ₹14,66,000 crore, followed by corporation tax at ₹12,31,000 crore, goods and services tax at ₹10,19,020 crore and customs at ₹2,71,200 crore. Their shares of gross tax revenue follow the same order.
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Uttarakhand SET (USET)