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प्रश्न
- What type of tax is this?
- When do we pay this tax?
टिप्पणी लिखिए
उत्तर
- The type of tax depicted in the given picture is Indirect tax.
- When we purchase products or services. We pay this form of tax since it is included into the price of the goods and services.
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Types of Taxes
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संबंधित प्रश्न
______ was the first country to implement GST in 1954.
In India, almost all the direct taxes are collected by the ______.
Taxation follows the principle of ______.
State the reason ”ln the case of Indirect taxes, the taxpayer is not the tax bearer why?
Explain the following
Excise Duty
______ is imposed on the property of individuals depending upon the value of the property.
Excise tax in India ______ is levied by the Central Government.
The tax is levied on the profit of corporations and companies is ______.
State two features of indirect tax.
The income tax slab rates are given below. Explain the types of taxation represented in slab 3 and slab 4.
- upto Rs. 1,60,000 = No tax.
- Rs. 1,60,001 to Rs. 5,00,000 = 10%
- Rs. 5,00,001 to Rs. 8,00,000 = 20%
- Above Rs. 8,00,000 = 30%
