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प्रश्न
Explain how indirect taxes can be made progressive.
उत्तर
Indirect taxes are regressive in nature as their burden falls on all people indiscriminately. Indirect taxes can be made progressive by imposing heavy taxes on luxury goods and by reducing rate of indirect taxes on necessary items like food, cloth, shelter.
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संबंधित प्रश्न
Which of the following is an advantage of direct 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 : ______.
The state can promote economic development by ______.
Citing reason state the advantage of a progressive tax over proportional tax.
Briefly explain why direct taxes foster civic consciousness among people.
State two drawbacks of direct taxes.
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Environmental protection.
State two differences between income tax and commodity tax.
Explain briefly two merits of indirect tax.