Consider the following important sources of tax revenue for the Central Government:

  1. Corporation tax
  2. Taxes on income other than corporation tax
  3. Customs
  4. Union excise duties

Which one of the following is the correct descending order in terms of gross tax revenue?

  • I-II-IV-III
  • I-II-III-IV
  • III-I-II-IV
  • II-III-I-IV
Monis Rasool Professor Asked on 11th May 2015 in Finance.
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1 Answer(s)

Answer: I-II-IV-III

Anurag Mishra Professor Answered on 28th March 2016.
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