Question
As per the 2016–17 Budget, the largest source of money to the Government of India is :
Answer: Option D
Answer: (d)
According to the 2016-17 budget, Borrowings and other liabilities contribute a maximum of about 21% of total government earnings. It is followed by Corporation Tax (19%) and Income Tax (14%).
Corporation tax and income tax together constitute one-third of the total government earnings.
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Answer: (d)
According to the 2016-17 budget, Borrowings and other liabilities contribute a maximum of about 21% of total government earnings. It is followed by Corporation Tax (19%) and Income Tax (14%).
Corporation tax and income tax together constitute one-third of the total government earnings.
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