Advertisements
Advertisements
प्रश्न
Define a tax.
What is a tax?
What is mean by tax?
Define tax.
Advertisements
उत्तर
A tax is a compulsory payment imposed on persons and companies by the government to meet expenditure incurred for the common good.
APPEARS IN
संबंधित प्रश्न
Which of the following is an advantage of direct taxes?
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Name any two instruments of Fiscal Policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Define direct tax
State the difference between income tax and expenditure tax.
Citing reason state the advantage of a direct tax over an indirect tax.
Explain how indirect taxes can be inflationary.
Draw a neat labelled diagram for progressive taxation.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
