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प्रश्न
Wealth tax is an example of ______.
विकल्प
Direct tax
Indirect tax
Proportional tax
Degressive tax
MCQ
रिक्त स्थान भरें
उत्तर
Wealth tax is an example of direct tax.
Explanation:
Wealth tax is levied on an individual's wealth, and the same individual is obligated to settle the tax. A direct tax is one where both the impact and burden fall upon the same person.
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Types of Taxes
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संबंधित प्रश्न
Indirect tax is______ elastic.
Match the following:
| 1. | Principle of taxation | Direct Tax |
| 2. | Estate tax | Goods and Service Tax |
| 3. | Excise Tax | Adam Smith |
| 4. | 01.07.2017 | Less elastic |
| 5. | Direct Tax | Indirect Tax |
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