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प्रश्न
Explain the term incidence of a tax?
उत्तर
Incidence means the final resting place of a tax. The incidence is on the person who ultimately bears the money burden of the tax.
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संबंधित प्रश्न
______ is paid to the Government by the recipient of gift depending on value of gift.
Match the following:
1. | Principle of taxation | Direct Tax |
2. | Estate tax | Goods and Service Tax |
3. | Excise Tax | Adam Smith |
4. | 01.07.2017 | Less elastic |
5. | Direct Tax | Indirect Tax |
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When was the system of income tax introduced in India? and why?
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Excise Duty
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