Q. The Equalisation Levy is considered part of which category of taxation?

[A] Direct Tax

[B] Indirect Tax

[C] Customs Duty

[D] Wealth Tax

Answer: A
Notes:

Explanation – The Equalisation Levy falls under the category of Direct Tax. It is a tax on the income of non-resident companies that provide certain digital services in India. It is levied directly on the income earned, which is why it is categorized as a Direct Tax.

Source: Forum IAS

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