Advertisements
Advertisements
प्रश्न
To which tax is this shifting of tax burden relevant?
संक्षेप में उत्तर
उत्तर
- The shifting of the tax burden is generally applicable to indirect taxes such as sales tax, goods and services tax (GST), excise duty, and customs duty.
- In many cases, the tax is originally placed on a seller or producer, but the burden is ultimately passed on to the end consumer through higher pricing.
shaalaa.com
Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
Instrument of monetary policy is:
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Distinguish between fiscal policy and monetary policy.
Classify the following type of tax into direct and indirect taxes:
House tax
Give an example of Indirect tax.
Give two reasons why the government imposes tax?
State two drawbacks of direct taxes.
Discuss four fiscal policy objectives with reference to India.
Explain the following with examples:
Progressive tax
Explain briefly two merits of indirect tax.
