WBCS.LIVE practice question

Which of the following is the correct formula for calculating Net Indirect Taxes?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Direct Taxes + Subsidies
  2. Indirect Taxes - Subsidies
  3. Indirect Taxes + Subsidies
  4. Direct Taxes - Subsidies

Correct answer and explanation

Correct answer: Indirect Taxes - Subsidies