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SSC CGL 2022 PYQ — Question 29

SSC CGL - 05 Dec 2022 - Shift 2 • General Awareness • Q29

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Which of the following is NOT an indirect tax?

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Correct answer: D

Explanation

The correct answer is Option 4 i.e. Wealth tax.

  • Wealth tax is to be paid at 1% on the net wealth in excess of Rs. 30,00,000.
  • No cess or surcharge is levied on Wealth tax. Wealth-tax and residential status. A person may own assets in India as well as abroad.