Question :
Which of the following statements are true?
Statement 1- There is no indirect tax on khadi items.
Statement 2- Direct taxes do not reach all the sections of the economy.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Answer (1)
27th Jan, 2024
Correct Answer:
Both are true
Solution :
There is no indirect tax on khadi items.
Direct taxes do not reach all the sections of the economy. All those people who do not have a minimum income or excluded from tax slabs.
Hence option A is correct.
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