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Question
Indicate the sequence of the following in terms of the implementation.

  1. Income Tax

  2. Expenditure Tax

  3. Value Added Tax

  4. Fringe Benefits Tax


Codes:
Options:
A .  2, 3, 4, 1
B .  1, 3, 2, 4
C .  1, 2, 3, 4
D .  3, 4, 1, 2
Answer: Option C
Answer: (c)
Income Tax (1860);
Expenditure Tax (1956);
Value Added Tax (1996-97) &
Fringe Benefits Tax (2005).

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