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प्रश्न
To which tax is this shifting of tax burden relevant?
संक्षेप में उत्तर
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उत्तर
- The shifting of the tax burden is generally applicable to indirect taxes such as sales tax, goods and services tax (GST), excise duty, and customs duty.
- In many cases, the tax is originally placed on a seller or producer, but the burden is ultimately passed on to the end consumer through higher pricing.
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Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 6: The State and Economic Development - QUESTIONS [पृष्ठ १८४]
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संबंधित प्रश्न
______ is an example of commercial revenues.
Monetary policy means regulation of money supply by the monetary authority.
Define Indirect tax
Differentiate between direct and indirect taxes.
Classify the following type of tax into direct and indirect taxes:
Sales tax
Give an example of Indirect tax.
State the four merits of a direct tax.
Explain the significance of taxes.
Define the following term:
Fiscal deficit
Explain how indirect taxes can be made progressive.
