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India Tax Structure Quiz

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Questions and Answers

What is the primary tax authority in India?

Reserve Bank of India (RBI)

Central Board of Direct Taxes (CBDT) (correct)

Securities and Exchange Board of India (SEBI)

Ministry of Finance

Which tax is not levied by the state governments in India?

Income Tax (correct)

Property Tax

Entertainment Tax

Goods and Services Tax (GST)

What is the highest individual income tax rate in India for the assessment year 2021-22?

40%

45% (correct)

35%

30%

India Tax Structure Quiz

Choose a study mode

Podcast

Questions and Answers

What is the primary tax authority in India?

Which tax is not levied by the state governments in India?

What is the highest individual income tax rate in India for the assessment year 2021-22?

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