Advertisements
Advertisements
प्रश्न
Give an example of Indirect tax.
Give two examples of indirect tax.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
Instrument of monetary 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 |
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 ______.
Define fiscal policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Classify the following type of tax into direct and indirect taxes:
Sales tax
Explain the term proportional taxation.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
