Taxation

1. 
TDS (Tax Deducted at Source) is governed under which section of the Income Tax Act?

2. 
Which section of the Income Tax Act allows deduction for savings in Public Provident Fund (PPF)?

3. 
Corporate tax in India is levied on:

4. 
What is the current GST rate for essential goods in India?

5. 
Which of the following income is exempt from Income Tax in India?

6. 
Capital gains tax is applicable on:

7. 
Which of the following is considered a direct tax?

8. 
Which of the following is a surcharge applicable on income tax?

9. 
GST input tax credit can be claimed on:

10. 
Advance Tax is applicable if the tax liability in a financial year exceeds:

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