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प्रश्न
Give two reasons why the government imposes tax?
Give two objectives of taxation.
उत्तर
Objectives of Taxation Policy are:
- The government imposes taxes to raise revenue.
- Taxes are also imposed to reduce inequalities in the distribution of income.
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संबंधित प्रश्न
Instruments of fiscal policy is:
Monetary policy means regulation of money supply by the monetary authority.
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 tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Classify the following type of tax into direct and indirect taxes:
Income tax
Briefly explain why direct taxes foster civic consciousness among people.
What is meant by regressive taxation?
Explain how indirect taxes can be inflationary.
Draw a neat labelled diagram for progressive taxation.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
