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प्रश्न
The essential feature of a tax.
विकल्प
A compulsory payment
A legal payment
Both Compulsory payment and legal payment.
Neither Compulsory payment nor Legal payment
उत्तर
Both Compulsory payment and legal payment.
Explanation:
A tax is both a compulsory payment and a legal payment. It is compulsory because it is mandatory for individuals and businesses and legal because taxes are imposed and collected under the authority of the law.
संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
Which of the following is an advantage of direct taxes?
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 : ______.
Identify the tax which is most likely to faster civic conciousness.
Define Indirect tax
What are progressive taxes.
Give one example of progressive tax.
Explain the term proportional taxation.
State the four merits of a direct tax.
Explain briefly two merits of indirect tax.
