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प्रश्न
Define the term 'tax'.
उत्तर
A tax is a legally compulsory monetary contribution to the government by different economic units such as households, firms, and other economic units. Taxes are imposed by the government on different activities, income, property, production, occupation, etc. The main motive of imposing taxes is to raise revenue and to incur various expenditures for enhancing the welfare of the country.
संबंधित प्रश्न
Give two examples of indirect taxes.
Define a 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
Answer the following question.
Highlight two differences between sales tax and income tax.
What do you mean by a direct tax?
What do you mean by an indirect tax?
Which one of the following is indirect tax?
Which of the following is 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 ______
With suitable examples, distinguish between Direct taxes and Indirect taxes.
How are direct taxes different from indirect taxes? (Any three points)
Name any two direct taxes.
