Advertisements
Advertisements
Question
Give two examples of indirect taxes.
Solution
Sales tax and custom duty are examples of indirect taxes.
APPEARS IN
RELATED QUESTIONS
What is the difference between direct tax and indirect tax?
A direct tax is called direct because it is collected directly from ______.
Define a ‘Direct tax’.
Answer the following question.
Highlight two differences between sales tax and income tax.
Define the term 'tax'.
What do you mean by a direct tax?
What do you mean by an indirect tax?
Which one of the following is indirect tax?
Which of the following is an indirect tax?
Give one difference between a Direct tax and an Indirect tax.
A compulsory payment by the citizens of the country to the government without any expectation of corresponding benefits for such payments. This defines ______
State the categories of G.S.T.
With suitable examples, distinguish between Direct taxes and Indirect taxes.
How are direct taxes different from indirect taxes? (Any three points)
Give one measure to overcome a deflationary gap.