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प्रश्न
Define direct tax
What are direct taxes?
What is meant by direct tax?
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उत्तर १
Direct taxes refer to taxes that are imposed on the property and income of individuals and companies, and their burden cannot be shifted to another person/entity.
उत्तर २
A direct tax is one that is paid by the person on whom it is legally imposed.
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संबंधित प्रश्न
______ is an example of commercial revenues.
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
The major objective of monetary policy is ______.
Which of these taxes is most likely to be progressive?
Citing reason state the advantage of a progressive tax over proportional 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.
Explain the term Impact of a tax.
Explain how indirect taxes can be made progressive.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
