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प्रश्न
Give two examples for direct tax.
उत्तर
Equity:
Direct taxes are progressive i.e. rate of tax varies according to the tax base. For example, income tax satisfies the canon of equity.
Certainty:
Canon of certainty can be ensured by direct taxes. For example, an income tax payer knows when and at what rate he has to pay income tax.
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संबंधित प्रश्न
Which of the following canons of taxation was not listed by Adam smith?
GST is an quivalence of ______.
The direct tax has the following merits except for ______.
Which of the following is a direct tax?
Which of the following is not a tax under the Union list?
Consider the following statements and identify the correct ones.
- The central government does not have exclusive power to impose a tax that is not mentioned in the state or concurrent list.
- The Constitution also provides for transferring certain tax revenues from union list to states
Differentiate tax and fee.
What are the components of GST?
Describe canons of Taxation.
State any three characteristics of taxation.
Point out any three differences between direct tax and indirect tax.
Bring out the merits of indirect taxes over direct taxes.
