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प्रश्न
Explain the following with examples:
Progressive tax
थोडक्यात उत्तर
उत्तर
- A tax is said to be progressive when the rate of tax increases as the taxpayer's income increases.
- Examples of progressive tax are income tax, and estate tax.
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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: The State and Economic Development - QUESTIONS [पृष्ठ १६८]
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
Which of the following taxes generate civic consciousness among people?
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
What are progressive taxes.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the term Impact of a tax.
Explain briefly two merits of indirect tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
