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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
The major objective of monetary policy is ______.
Which of these taxes is most likely to be progressive?
State two objectives of fiscal policy.
To which tax is this shifting of tax burden relevant?
Classify the following type of tax into direct and indirect taxes:
Sales tax
Briefly explain why direct taxes foster civic consciousness among people.
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Explain briefly two merits of indirect tax.
