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प्रश्न
Which of the following is an advantage of direct taxes?
पर्याय
Convenient to pay
Wide coverage
Levied according to the taxable capacity
No Evasion
उत्तर
Levied according to the taxable capacity
Explanation:
- One of the key advantages of direct taxes is that they are levied according to the taxable capacity of the taxpayer.
- This means that individuals or entities are taxed based on their ability to pay, ensuring that those with higher incomes or wealth contribute more to the public revenue than those with lower incomes.
संबंधित प्रश्न
The state can promote economic development by ______.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
State two objectives of fiscal policy.
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Explain how indirect taxes can be inflationary.
Which one is better progressive or regressive taxation and why?
Explain the following with examples:
Progressive tax
Give two examples of direct taxes.
Define the following term:
Fiscal deficit
Explain how indirect taxes can be made progressive.
