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प्रश्न
Explain the term Impact of a tax.
What is meant by impact of taxation?
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उत्तर
The term impact is used to express the immediate or original imposition of tax. The impact of tax is on the person on whom it is imposed first i.e., the person who is liable to pay tax to the government.
संबंधित प्रश्न
The essential feature of a tax.
Instruments of fiscal policy is:
Which of these taxes is most likely to be progressive?
Classify the following type of tax into direct and indirect taxes:
Income tax
Classify the following type of tax into direct and indirect taxes:
House tax
Classify the following type of tax into direct and indirect taxes:
Sales tax
Briefly explain why direct taxes foster civic consciousness among people.
Explain clearly tour ways by which the state can promote economic growth and development.
Differentiate between progressive and regressive taxes giving an example for each.
Define the following term:
Fiscal deficit
