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प्रश्न
Briefly explain why direct taxes foster civic consciousness among people.
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उत्तर
- Direct taxes create a spirit of civic responsibility amongst the tax-payers.
- Since the tax-payers provide the funds from their own pockets to the government, they take keen interest in seeing that these funds are properly utilised.
- This public awareness plays an important role in checking the wastage of public expenditure.
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संबंधित प्रश्न
Instrument of monetary policy is:
Monetary policy means regulation of money supply by the monetary authority.
Which of these taxes is most likely to be progressive?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
State the difference between income tax and expenditure tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
House tax
State two drawbacks of direct taxes.
Differentiate between progressive and regressive taxes giving an example for each.
Give two examples of direct taxes.
