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प्रश्न
Explain the significance of taxes.
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उत्तर
- Taxes are helpful in regulating the level of economic activity.
- They help in reducing inequalities of income and wealth.
- They provide resources for economic development.
APPEARS IN
संबंधित प्रश्न
The government imposes tax ______.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
An indirect tax is not always equitable. Give two reasons to support your answer.
Explain clearly tour ways by which the state can promote economic growth and development.
Explain the term Impact of a tax.
With reference to the taxation policy.
Differentiate between progressive and regressive taxes giving an example for each.
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.
