Which of the following statements are true for the Income Tax in India ?
1. It is a progressive tax.
2. It is a direct tax.
3. It is collected by the State Governments.
4. It is a proportional tax.
Codes :

Options

A. Only 1
B. Only 1 and 2
C. 1, 2 and 3
D. 2, 3 and 4

Answer

B