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प्रश्न
Explain the term Incidence of a tax.
What is meant by incidence of taxation?
What is the meaning of ‘incidence of taxation’.
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उत्तर
Incidence means the final resting place of a tax. The incidence is on the person who ultimately bears the money burden of the tax.
Notes
Students should refer to the answer according to their question.
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संबंधित प्रश्न
The government imposes tax ______.
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
Monetary policy means regulation of money supply by the monetary authority.
Distinguish between fiscal policy and monetary policy.
Classify the following type of tax into direct and indirect taxes:
House tax
Which one is better progressive or regressive taxation and why?
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the significance of taxes.
Define the following term:
Fiscal deficit
