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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

Correct Answer: if neither I nor II follows

Explanation:

As tax should be imposed only once on an individual, only conclusion (d) follows.


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