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प्रश्न
Which of the following is an advantage of direct taxes?
विकल्प
Convenient to pay
Wide coverage
Levied according to the taxable capacity
No Evasion
MCQ
उत्तर
Levied according to the taxable capacity
Explanation:
- One of the key advantages of direct taxes is that they are levied according to the taxable capacity of the taxpayer.
- This means that individuals or entities are taxed based on their ability to pay, ensuring that those with higher incomes or wealth contribute more to the public revenue than those with lower incomes.
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Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Instruments of fiscal policy is:
Which of the following taxes generate civic consciousness among people?
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 |
Define Direct tax
State the difference between income tax and expenditure tax.
Briefly explain why direct taxes foster civic consciousness among people.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Define a tax.
State two differences between income tax and commodity tax.
Explain briefly two merits of indirect tax.
