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प्रश्न
Briefly explain why direct taxes foster civic consciousness among people.
उत्तर
- Direct taxes create a spirit of civic responsibility amongst the tax-payers.
- Since the tax-payers provide the funds from their own pockets to the government, they take keen interest in seeing that these funds are properly utilised.
- This public awareness plays an important role in checking the wastage of public expenditure.
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संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
Under ______ the rate of tax increases with rise in tax payer's income.
Monetary policy means regulation of money supply by the monetary authority.
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Give one example of progressive tax.
Draw a neat labelled diagram for progressive taxation.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
