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प्रश्न
Identify the type of taxation.
पर्याय
Progressive
Regressive
Proportional
Degressive
उत्तर
Regressive
Explanation:
A regressive tax is one in which the tax rate drops as the tax base rises. The diagram depicts the case of regressive taxation. The tax line travels downward to the right, indicating that the tax rate reduces as the tax base expands.
APPEARS IN
संबंधित प्रश्न
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 |
Distinguish between the direct and indirect tax.
Match the following
| 1. | Income Tax | Value added tax |
| 2. | Excise duty | 1 July 2017 |
| 3. | VAT | Smuggling |
| 4. | GST | Direct tax |
| 5. | Black money | Indirect tax |
Goods and services tax is one of the ______.
Swachh Bharat Cess was started from ______.
Write a short note a corporation tax.
Without taxes, governments would be unable to meet the demands of their ______.
Explain the following
Toll Tax and & Road Tax
Explain how an increase in sales tax can cause an increase in price.
Assertion (A): Goods and Services Tax (GST) is an indirect tax.
Reason (R): The impact and the incidence of tax are on two different person.
