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प्रश्न
Identify the tax which is most likely to faster civic conciousness.
पर्याय
Property tax
Entertainment tax
Goods and Services tax
Customs duty
उत्तर
Property tax
Explanation:
Property tax is a tax levied on real estate, such as land and buildings. It is directly linked to the ownership of property within a community.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
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 ______.
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 |
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Give one example of progressive tax.
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Discuss four fiscal policy objectives with reference to India.
Citing reasons state the superiority of Progressive tax over regressive tax.
