Which of the following contributes largest share in the tax revenue of India?
A)service tax
B)wealth tax
C)income tax
D)securities transaction tax

Question

Quizplus · Accepted Answer

Income tax is the largest contributor to tax revenue in India, primarily because it is levied on the broad base of individual and corporate income, making it a significant source of revenue for the government.

Which of the Following Contributes Largest Share in the Tax