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प्रश्न
What is meant by shifting of tax burden?
Explain the term Shifting of a tax.
उत्तर
Shifting of the tax burden is the process by which the person or business legally responsible for paying a tax transfers that burden to another party. This happens when the taxpayer's tax responsibility is passed to someone else, usually through changes in prices or costs.
संबंधित प्रश्न
Which of the following is an advantage of direct taxes?
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Wealth tax is an example of:
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.
Name any two instruments of Fiscal Policy.
Classify the following type of tax into direct and indirect taxes:
House tax
State two drawbacks of direct taxes.
State the four merits of a direct tax.
Explain the term Impact of a tax.
