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Question
Draw a neat labelled diagram for progressive taxation.
Diagram
Solution
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Types of Taxes
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RELATED QUESTIONS
Indirect tax is______ elastic.
Explain the direct and indirect tax with examples.
Under which tax one nation, one uniform tax is ensured ______.
The burden of the ______tax cannot be shifted to others
Match the following
| 1. | Income Tax | Value added tax |
| 2. | Excise duty | 1 July 2017 |
| 3. | VAT | Smuggling |
| 4. | GST | Direct tax |
| 5. | Black money | Indirect tax |
Swachh Bharat Cess was started from ______.
The ______ is paid to the Government by the recipient of the gift depending on the value of the gift.
______ is a liability to collect tax is that of shopkeeper but the burden of that tax falls on the customer.
- What type of tax is this?
- When do we pay this tax?
Assertion (A): Goods and Services Tax (GST) is an indirect tax.
Reason (R): The impact and the incidence of tax are on two different person.
