WorksheetsTAX EDUCATION
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
The government of a country has all (a) to levy tax
2.
Quid pro quo means
a)
something to give
b)
everything in return
c)
everything to give
d)
something in return
3.
Which all are not the features of tax
a)
Generation of revenue for the Government
b)
To promote concentration of money
c)
Increase the habit of savings and productive investments
d)
Slows down economic development
4.
Government collecting tax from the people through intermediaries is
a)
Indirect tax
b)
Direct tax
c)
Income tax
d)
Entertainment tax
5.
Which are the possible situations in case of income tax?
a)
Real Income = Taxable Income
b)
Taxable Income > Real Income
c)
Real Income = Deductable Income
d)
Real Income < Deductable Income
100 %
