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प्रश्न
Answer the following question.
Highlight two differences between sales tax and income tax.
उत्तर
Sales Tax | Income Tax |
(i) It is an indirect tax. | (i) It is a direct tax. |
(ii) It is levied on goods and services. | (ii) It is levied on income. |
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संबंधित प्रश्न
Give two examples of indirect taxes.
Define a Tax.
What is the difference between direct tax and indirect tax?
Explain the basis of classifying taxes into the direct and indirect tax. Give examples.
Distinguish between direct taxes and indirect taxes. Give an example of each
The non-tax revenue in the following is: (choose the correct alternative)
a. Export duty
b. Import duty
c. Dividends
d. Excise
What do you mean by an indirect tax?
Give one difference between a Direct tax and an Indirect tax.
A compulsory payment by the citizens of the country to the government without any expectation of corresponding benefits for such payments. This defines ______
State two merits of direct taxes.
State the categories of G.S.T.
With suitable examples, distinguish between Direct taxes and Indirect taxes.
How are direct taxes different from indirect taxes? (Any three points)