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प्रश्न
Explain briefly two merits of indirect tax.
संक्षेप में उत्तर
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उत्तर
Merits of indirect tax are as follows:
- Indirect taxes are convenient to pay because they are paid in small amounts and are included in the price of the commodity. Taxpayers do not feel the burden of these taxes.
- Indirect taxes can be used to increase social welfare. The consumption of goods which are undesirable and harmful such as wine, cigarettes, etc. can be discouraged by imposing heavy taxes on them.
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Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: The State and Economic Development - QUESTION BANK [पृष्ठ १८७]
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संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Which of these taxes is most likely to be progressive?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Define direct tax
Discuss four fiscal policy objectives with reference to India.
State the four merits of a direct tax.
Explain the term Incidence of a tax.
Explain the significance of taxes.
Explain how indirect taxes can be made progressive.
