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प्रश्न
Explain the term Impact of a tax.
What is meant by impact of taxation?
संक्षेप में उत्तर
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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.
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Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
The essential feature of a tax.
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Define direct tax
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
Income tax
Give one example of progressive tax.
Explain how indirect taxes can be inflationary.
Draw a neat labelled diagram for progressive taxation.
Explain the term Incidence of a tax.
Define the following term:
Fiscal deficit
