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View Full Version : What is the source of largest revenue to Centre (in India)?


Kahani Punjab
Nov 18, 2012, 02:08 AM
I am appearing in a test coming Sunday. The most expected question is

What is the source of largest revenue to Centre (in India)? Is it Corporation Tax or Union Excise Duty?

Now, when I read the Central Budget pi-chart, is shows 25% revenue being generated by Corporation Tax and 11% by the Union Excise Duty, but most of the times, when I read the MCQ (Multiple Choice Questions) I find the answer being Union Excise Duty. Why is it so?

The other question is - Which is the largest district in Punjab, and which is the smallest?

tickle
Nov 18, 2012, 03:21 AM
You are there are you not? How would we know the largest district in Punjab, or the smallest ?

AtlantaTaxExpert
Nov 20, 2012, 08:03 AM
Sorry, but this forum deals exclusively with U.S. tax issues.