The 'e-filing' of income tax returns in India is done through: MCQ with Answer and Explanation

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The 'e-filing' of income tax returns in India is done through:

A. GST portal

B. RBI portal

C. Income Tax e-Filing portal

D. SEBI portal

Answer: Option C

Solution (By JKSSB Mock Tests)

Income tax returns are e-filed on the Income Tax e-Filing portal.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on online gaming is:

A. 18%

B. 28%

C. 5%

D. 12%

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Correct Answer: Option B

Explanation:
Online gaming services attract 28% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'automatic route' for FDI means:

A. no prior approval is required

B. prior approval is required

C. only foreign individuals can invest

D. only government companies can invest

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Correct Answer: Option A

Explanation:
Under the automatic route, FDI does not require prior government approval.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on audit services is:

A. 5%

B. 18%

C. 12%

D. 28%

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Correct Answer: Option B

Explanation:
Audit services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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