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प्रश्न
Answer the following question.
Highlight two differences between sales tax and income tax.
उत्तर
Sales Tax | Income Tax |
(i) It is an indirect tax. | (i) It is a direct tax. |
(ii) It is levied on goods and services. | (ii) It is levied on income. |
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संबंधित प्रश्न
Define a Tax.
What is the difference between direct tax and indirect tax?
Distinguish between direct taxes and indirect taxes. Give an example of each
The non-tax revenue in the following is: (choose the correct alternative)
a. Export duty
b. Import duty
c. Dividends
d. Excise
Which one of the following is indirect tax?
Which one of the following is a combination of direct taxes?
Which of the following is an indirect tax?
Give one difference between a Direct tax and an Indirect tax.
A compulsory payment by the citizens of the country to the government without any expectation of corresponding benefits for such payments. This defines ______
State two merits of direct taxes.
With suitable examples, distinguish between Direct taxes and Indirect taxes.
Name any two direct taxes.
Give one measure to overcome a deflationary gap.