Same subject
Net factor income from abroad (-) 30
(j) Consumption of fixed capital 120
2 marks2025
Budget 2024 outlined the sources of government revenue which comprised 19% from Income Tax, 18%
from Goods and Service Tax and the remaining from borrowings.
(Source (edited): Business Standard, New Delhi)
Categorise the two types of taxes mentioned above. State any one difference between them.
Board paper · 2025 · Oswaal Books (reproduction of CISCE board paper)
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