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प्रश्न
What are the types of tax? and explain its.
उत्तर
Taxes are classified into two types. There are:
1. Direct Tax:
- A Direct tax is paid directly by an individual or organisation to imposing entity
- Eg: Income tax, Wealth Tax, etc.
2. Indirect Tax:
- Indirect Tax is a tax whose burden can be shifted to others.
- Eg: Service tax, Value added tax, etc.
APPEARS IN
संबंधित प्रश्न
______ tax burden cannot be shifted by taxpayers.
Correct one out :
Which one of the following tax is a direct tax?
As per the Interim budget for the financial year 2019 – 20, State the areas from where money/rupee is earned and spent by the Government of India (GOI).
______ constituted under the Central Board of Revenue Act, 1963.
Write a short note a corporation tax.
Goods and service tax is applied on services and goods at a ______ level with the purpose of achieving overall economic growth.
Excise tax in India ______ is levied by the Central Government.
Odd one out:
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
- What type of tax is this?
- When do we pay this tax?
