Advertisements
Advertisements
प्रश्न
Wealth tax is an example of:
विकल्प
Direct tax
Indirect tax
Proportional tax
Degressive tax
उत्तर
Direct tax
Explanation:
Wealth tax is imposed on an individual's wealth, and that individual is required to pay the tax. A direct tax is one in which both the impact and the burden fall on the same individual.
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
Instruments of fiscal policy is:
Define Indirect tax
Classify the following type of tax into direct and indirect taxes:
House tax
What is meant by regressive taxation?
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
Draw a neat labelled diagram for progressive taxation.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain the state's role in achieving the objective of social justice in less developed countries.
Explain how indirect taxes can be made progressive.
