Advertisements
Advertisements
प्रश्न
Explain the following with examples:
Progressive tax
संक्षेप में उत्तर
Advertisements
उत्तर
- A tax is said to be progressive when the rate of tax increases as the taxpayer's income increases.
- Examples of progressive tax are income tax, and estate tax.
shaalaa.com
Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: The State and Economic Development - QUESTIONS [पृष्ठ १८५]
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
Fiscal policy means public expenditure and tax policy of the government.
Instruments of fiscal policy is:
Which of the statement is true for income tax?
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 |
Differentiate between direct and indirect taxes.
State two differences between income tax and commodity tax.
Discuss four fiscal policy objectives with reference to India.
Explain the significance of taxes.
Explain the state's role in achieving the objective of social justice in less developed countries.
