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प्रश्न
Which of the statement is true for income tax?
विकल्प
It is regressive by nature.
It is an example of indirect tax.
Impact and incidence of the tax lies on the same person.
Impact and incidence of the tax lies on the different persons.
उत्तर
Impact and incidence of the tax lies on the same person.
Explanation:
Income tax is a direct tax, which means that the impact and incidence fall on the same person.
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संबंधित प्रश्न
______ is an example of commercial revenues.
Under ______ the rate of tax increases with rise in tax payer's income.
Identify the tax which is most likely to faster civic conciousness.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
An indirect tax is not always equitable. Give two reasons to support your answer.
What is meant by shifting of tax burden?
Classify the following type of tax into direct and indirect taxes:
Sales tax
State two drawbacks of direct taxes.
State two differences between income tax and commodity tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
