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प्रश्न
Explain how indirect taxes can be made progressive.
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उत्तर
Indirect taxes are regressive in nature as their burden falls on all people indiscriminately. Indirect taxes can be made progressive by imposing heavy taxes on luxury goods and by reducing rate of indirect taxes on necessary items like food, cloth, shelter.
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संबंधित प्रश्न
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.
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Citing reason state the advantage of a progressive tax over proportional tax.
Briefly explain why direct taxes foster civic consciousness among people.
What is meant by regressive taxation?
Explain how indirect taxes can be inflationary.
State two drawbacks of direct taxes.
Three demerits of an Indirect tax.
Explain the significance of taxes.
