Indian Economy
The annual yield from which of the following Union Government taxes is the highest?

Excise duties
Inheritance tax, wealth tax, interest tax and gift tax
Custom duties
Corporation tax and income tax

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Indian Economy
Subsidies mean

payment made by companies to shareholders
payment made by business enterprises to factors of production
payment made by the government to business enterprises, without buying any goods and services
payment by government for purchase of goods and services

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