CAF-2 · Chapter 1 · Question 7 of 13
Which of the following is considered a direct tax under the Pakistani taxation system?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) D) Capital Value Tax
Explanation
Direct taxes primarily comprise Income Tax and Capital Value Tax, which are levied directly on income, wealth, or transactions like the transfer of immovable property. Sales Tax, Custom Duty, and Federal Excise Duty are indirect taxes.
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