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प्रश्न
Which of the statement is true for income tax?
पर्याय
It is regressive by nature.
It is an example of indirect tax.
Impact and incidence of the tax lies on the same person.
Impact and incidence of the tax lies on the different persons.
उत्तर
Impact and incidence of the tax lies on the same person.
Explanation:
Income tax is a direct tax, which means that the impact and incidence fall on the same person.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
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 ______.
Which of the following taxes generate civic consciousness among people?
An indirect tax is not always equitable. Give two reasons to support your answer.
Which one is better progressive or regressive taxation and why?
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Explain the significance of taxes.
