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प्रश्न
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
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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. Indirect taxes do not create no such civic consciousness.
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संबंधित प्रश्न
______ is an example of commercial revenues.
Instruments of fiscal policy is:
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Define fiscal policy.
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Define a degressive tax.
Classify the following type of tax into direct and indirect taxes:
House tax
Which one is better progressive or regressive taxation and why?
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Differentiate between progressive and regressive taxes giving an example for each.
