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Which of the following statements are correct? i. A tax is a statutory obligation that is imposed by an act of parliament in a country.

Which of the following statements are correct?

i. A tax is a statutory obligation that is imposed by an act of parliament in a country.

ii. A tax is any deduction taken from a persons salary by the government.

iii. Taxation is the major source of government income.

iv. Direct and indirect taxes are the two broad categories of taxation.

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