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प्रश्न
Explain the term Incidence of a tax.
What is meant by incidence of taxation?
उत्तर
Incidence means the final resting place of a tax. The incidence is on the person who ultimately bears the money burden of the tax.
संबंधित प्रश्न
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Define Indirect tax
Define a degressive tax.
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Classify the following type of tax into direct and indirect taxes:
Income tax
Explain the term proportional taxation.
Which one is better progressive or regressive taxation and why?
Differentiate between progressive and regressive taxes giving an example for each.
Explain the significance of taxes.
Explain the state's role in achieving the objective of social justice in less developed countries.
