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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 state can promote economic development by ______.
The major objective of monetary 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.
Name any two instruments of Fiscal Policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
State two objectives of fiscal policy.
Give one example of progressive tax.
State two drawbacks of direct taxes.
State the four merits of a direct tax.
