Advertisements
Advertisements
प्रश्न
State two drawbacks of direct taxes.
Give two demerits of direct taxes.
State two demerits of direct taxes.
Advertisements
उत्तर
- Direct taxes are unpopular as they pinch the taxpayers more.
- Direct taxes are limited in coverage as they are imposed only on the rich people.
APPEARS IN
संबंधित प्रश्न
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 : ______.
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
Briefly explain why direct taxes foster civic consciousness among people.
What are progressive taxes.
Explain how indirect taxes can be inflationary.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Discuss four fiscal policy objectives with reference to India.
Define the following term:
Fiscal deficit
Citing reasons state the superiority of Progressive tax over regressive tax.
