The primary source of tax revenue for the Andhra Pradesh government is:

State Goods and Services Tax (SGST)
Property Tax
Income Tax
Excise Duties

The correct answer is: a) State Goods and Services Tax (SGST).

State Goods and Services Tax (SGST) is a tax levied on the supply of goods and services within a state in India. It is levied by the state government and is collected by the state government. The SGST rate is determined by the state government and is levied on the value of the goods or services supplied.

Property tax is a tax levied on the value of real property, such as land and buildings. It is levied by the local government and is collected by the local government. The property tax rate is determined by the local government and is levied on the assessed value of the property.

Income tax is a tax levied on the income of individuals and businesses. It is levied by the central government and is collected by the central government. The income tax rate is determined by the central government and is levied on the taxable income of individuals and businesses.

Excise duties are taxes levied on goods that are produced or manufactured in India. They are levied by the central government and are collected by the central government. The excise duty rate is determined by the central government and is levied on the value of the goods produced or manufactured.

The primary source of tax revenue for the Andhra Pradesh government is SGST. This is because SGST is a tax that is levied on the supply of goods and services within the state of Andhra Pradesh. The SGST rate is determined by the state government and is levied on the value of the goods or services supplied. The SGST is a major source of revenue for the Andhra Pradesh government because it is a tax that is levied on a large number of people and businesses.

Exit mobile version