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प्रश्न
Define the term 'tax'.
उत्तर
A tax is a legally compulsory monetary contribution to the government by different economic units such as households, firms, and other economic units. Taxes are imposed by the government on different activities, income, property, production, occupation, etc. The main motive of imposing taxes is to raise revenue and to incur various expenditures for enhancing the welfare of the country.
संबंधित प्रश्न
Give two examples of indirect taxes.
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
A direct tax is called direct because it is collected directly from ______.
Answer the following question.
Highlight two differences between sales tax and income tax.
What do you mean by an indirect tax?
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?
State two merits of direct taxes.
State the categories of G.S.T.
How are direct taxes different from indirect taxes? (Any three points)
Give one measure to overcome a deflationary gap.
