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प्रश्न
Explain how indirect taxes can be made progressive.
उत्तर
Indirect taxes are regressive in nature as their burden falls on all people indiscriminately. Indirect taxes can be made progressive by imposing heavy taxes on luxury goods and by reducing rate of indirect taxes on necessary items like food, cloth, shelter.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Name any two instruments of Fiscal Policy.
State two objectives of fiscal policy.
An indirect tax is not always equitable. Give two reasons to support your answer.
Give an example of Indirect tax.
Explain the term proportional taxation.
Draw a neat labelled diagram for progressive taxation.
State the four merits of a direct tax.
State the following:
Three demerits of an Indirect tax.
