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प्रश्न
Explain the term Impact of a tax.
What is meant by impact of taxation?
उत्तर
The term impact is used to express the immediate or original imposition of tax. The impact of tax is on the person on whom it is imposed first i.e., the person who is liable to pay tax to the government.
संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
State two objectives of fiscal policy.
Distinguish between fiscal policy and monetary policy.
Differentiate between direct and indirect taxes.
Citing reason state the advantage of a progressive tax over proportional tax.
Briefly explain why direct taxes foster civic consciousness among people.
Give one example of progressive tax.
Which one is better progressive or regressive taxation and why?
Explain clearly tour ways by which the state can promote economic growth and development.
Define a tax.
