Q. Which among the following taxes does not increase the price of commodity for buyers?
Answer: Income tax
Notes: The correct answer is Income tax. Income tax is levied on individuals and businesses based on their earnings, not directly on goods or services. It does not affect the price of commodities for buyers. In contrast, sales tax and octroi are taxes added to the price of goods at the point of sale or entry into a locality, respectively, thus increasing the final price for consumers.
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