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प्रश्न
Define fiscal policy.
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उत्तर १
Fiscal policy can be defined as the policy under which the government uses its expenditure and to revenue programmes to produce desirable effects.
उत्तर २
According to G.K. Shaw, "We define fiscal policy as any decision to change in the level, composition or timing of government expenditure or change in burden, structure and frequency of the tax payments."
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
Instrument of monetary policy is:
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Define a degressive tax.
Citing reason state the advantage of a progressive tax over proportional tax.
What is meant by shifting of tax burden?
What are progressive taxes.
Explain the term Incidence of a tax.
Explain briefly two merits of indirect tax.
