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Questions
Classify the following type of tax into direct and indirect taxes:
Sales tax
State whether the following is a direct or an indirect tax:
Sales tax
Options
Direct tax
Indirect tax
Solution
Indirect tax
RELATED QUESTIONS
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
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 ______.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Which of the following taxes generate civic consciousness among people?
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
Citing reason state the advantage of a direct tax over an indirect tax.
What are progressive taxes.
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 the following with examples:
Progressive tax
