Which of the following is not the source of the revenue of central Government?
Options:
A . Corporate Tax
B . Income Tax
C . Agricultural Income Tax
D . Excise Duty
Answer: Option C Answer: (c) The shareable central taxes include corporation tax, income tax, wealth tax, customs, excise duty and service tax. The taxes, which are not shared with states include some cesses like education and road. Income Tax in India includes all income except the agricultural income that is levied and collected by the central government.
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