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प्रश्न
Explain the term Impact of a tax.
What is meant by impact of taxation?
उत्तर
The term impact is used to express the immediate or original imposition of tax. The impact of tax is on the person on whom it is imposed first i.e., the person who is liable to pay tax to the government.
संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
Instrument of monetary policy is:
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Which of these taxes is most likely to be progressive?
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Which of the statement is true for income tax?
What is meant by shifting of tax burden?
Give two reasons why the government imposes tax?
Explain how indirect taxes can be made progressive.
Citing reasons state the superiority of Progressive tax over regressive tax.
