Advertisements
Advertisements
प्रश्न
What is meant by regressive taxation?
What are regressive taxation?
Explain the following with examples:
Regressive tax
What is Regressive tax? Give an example.
उत्तर
- Regressive tax is opposite to progressive tax. A tax will be regressive when the rate of tax decreases as the tax base increases. Thus, it is directly opposite of progressive tax.
- The chief examples of regressive taxes are on these goods whose consumption society wishes to discourage such as tobacco, alcohol.
APPEARS IN
संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
Instrument of monetary policy is:
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Which of the statement is true for income tax?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
What is meant by shifting of tax burden?
Give one example of progressive tax.
Explain the following with examples:
Progressive tax
Differentiate between progressive and regressive taxes giving an example for each.
