1) Which kind of taxes generate more revenues for the government?

Question

We read about some of the major taxes collected by the government. 

1.) Fill the table from the information given below. 

Income Tax: 12%; Corporation Tax: 24%; Customs Duty: 10%; Excise Duties: 16%; Service Taxes: 5%; Sales Tax: 23%; Other Indirect Taxes: 10%.

Taxes	Percentage of Total Tax
Direct Taxes
Income tax
Corporate Tax
Indirect Taxes
Customs duty
Excise duty
Service taxes
Sales taxes
Other taxes
Total taxes

2) Which kind of taxes generate more revenues for the government?

Answer 1

1. Taxes Collected by the Government

Taxes	Percentage of Total Tax
Direct Taxes	36%
Income tax	12%
Corporate Tax	24%
Indirect Taxes	64%
Customs duty	10%
Excise duty	16%
Service taxes	05%
Sales taxes	23%
Other taxes	10%
Total taxes	100%

2. 1. Indirect taxes generate more income. They contribute 64% of all the taxes. 

2. Corporate tax contributes 24% of the taxes and sales tax contributes 23% of the taxes.