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प्रश्न
Give an example of Indirect tax.
Give two examples of indirect tax.
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उत्तर
Here are some examples of indirect taxes:
- Goods and Services Tax (GST).
- Excise Duty.
- Customs Duty
Notes
Students should refer to the answer according to their questions and based on their preferred marks.
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संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Instruments of fiscal policy is:
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 |
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
Explain clearly tour ways by which the state can promote economic growth and development.
Define a tax.
State two differences between income tax and commodity tax.
Differentiate between progressive and regressive taxes giving an example for each.
