Direction: In each of the following given below, one or more statement(s) is/are followed by inferential conclusions. The conclusion, which can be derived without supposing anything else i.e., without adding anything extra to the statement(s), is your answer.
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Statement
State Government imposes a monthly tax on the salary of all the employees. The tax amount varies according to the income slab. The Central Government also imposes tax. This is against the theory of taxation.
Conclusions
I. A regular collection, irrespective of the income slab, by the Central Government is the income tax
II. The Central Government should not collect any tax on income
III. Income tax should not vary according to the income slabs
IV. Tax should be imposed only once on an individual
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- if only Conclusion I follows
- if only Conclusion II follows
- if either I or II follows
- if neither I nor II follows
Correct Option: D
As tax should be imposed only once on an individual, only conclusion (d) follows.
