Advertisements
Advertisements
प्रश्न
Citing reason state the advantage of a direct tax over an indirect tax.
Mention three merits of direct taxes over indirect taxes.
Citing reasons state the superiority of A direct tax over an indirect tax.
संक्षेप में उत्तर
Advertisements
उत्तर
- Direct taxes cost less to collect than indirect taxes.
- Direct taxes are often progressive, which means they can more effectively reduce income and wealth inequities. Whereas, indirect taxes have a regressive pattern.
- Like indirect taxes, direct taxes are unlikely to cause product price increases.
shaalaa.com
Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
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?
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Define a degressive tax.
What are progressive taxes.
Give one example of progressive tax.
Give two reasons why the government imposes tax?
State two drawbacks of direct taxes.
Explain the term Impact of a tax.
Give two examples of direct taxes.
