Which one among the following is not a source of tax revenue for the Central Government in India ?

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Q: 100 (CDS-II/2014)

Which one among the following is not a source of tax revenue for the Central Government in India ?

question_subject: 

Economics

question_exam: 

CDS-II

stats: 

0,71,30,5,10,15,71

keywords: 

{'tax revenue': [0, 0, 0, 2], 'income tax': [0, 0, 0, 1], 'central government': [1, 0, 0, 1], 'service tax': [1, 0, 2, 0], 'motor vehicle tax': [0, 0, 0, 1], 'customs duties': [0, 0, 1, 1], 'india': [8, 1, 7, 13]}

The correct answer is option 4, Motor Vehicle tax.

Income tax, option 1, is a direct tax imposed on individuals or entities based on their income. It is one of the main sources of revenue for the Central Government in India.

Customs duties, option 2, are taxes imposed on goods imported into or exported out of the country. These taxes contribute to the revenue of the Central Government.

Service tax, option 3, is a tax imposed on specific services provided within the country. This tax is also a source of revenue for the Central Government.

However, option 4, Motor Vehicle tax, is not a source of tax revenue for the Central Government in India. Motor Vehicle tax is levied by state governments and is collected for the registration of motor vehicles and other related purposes. It does not directly contribute to the tax revenue of the Central Government.

Hence, the correct answer is option 4, Motor Vehicle tax.

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