a) Direct Tax
b) Indirect Tax
c) Wealth Tax
d) Corporate Tax
Answer: (b) Indirect Tax
Explanation: GST (Goods and Services Tax) is an indirect tax that replaces multiple taxes like VAT, excise, and service tax.
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a) Direct Tax
b) Indirect Tax
c) Wealth Tax
d) Corporate Tax
Answer: (b) Indirect Tax
Explanation: GST (Goods and Services Tax) is an indirect tax that replaces multiple taxes like VAT, excise, and service tax.