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Question
Which of the following are included in the category of direct tax in India?
  1. Corporation tax
  2. Tax on income
  3. Wealth tax
  4. Customs duty
  5. Excise duty
Select the correct answer using the codes given below
Options:
A .  1, 2 and 3
B .  2 and 3
C .  1, 2, 4 and 5
D .  1, 3, 4 and 5
Answer: Option A
Answer: (a)Corporation Tax, Wealth Tax and Income Tax are in the category of direct tax.

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