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प्रश्न
Define a degressive tax.
Define digressive taxation.
Explain the following with examples:
Digressive tax
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उत्तर
- Under this system, the rate of tax increases up upto a certain limit but after that, a uniform rate is charged.
- Income tax in India is an example of a digressive tax.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
Fiscal policy means public expenditure and tax policy of the government.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Which of the statement is true for income tax?
Differentiate between direct and indirect taxes.
An indirect tax is not always equitable. Give two reasons to support your answer.
Explain clearly tour ways by which the state can promote economic growth and development.
State the four merits of a direct tax.
Explain briefly two merits of indirect tax.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
