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प्रश्न
Classify the following type of tax into direct and indirect taxes:
House tax
उत्तर
Indirect tax
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
Under ______ the rate of tax increases with rise in tax payer's income.
Match the following and select the correct option:
Column A | Column B | ||
(i) | Taxes imposed on income and wealth | A. | Regressive |
(ii) | Taxes imposed on goods and services | B. | Progressive |
(iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
(iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Define Direct tax
Briefly explain why direct taxes foster civic consciousness among people.
Explain the term Impact of a tax.
Explain the following with examples:
Progressive tax
Define the following term:
Fiscal deficit
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.