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प्रश्न
Wealth tax is an example of:
विकल्प
Direct tax
Indirect tax
Proportional tax
Degressive tax
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उत्तर
Direct tax
Explanation:
Wealth tax is imposed on an individual's wealth, and that individual is required to pay the tax. A direct tax is one in which both the impact and the burden fall on the same individual.
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संबंधित प्रश्न
The government imposes tax ______.
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Define Indirect tax
Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
- Income tax
- House tax
- Sales tax
Explain the term Impact of a tax.
With reference to the taxation policy.
Differentiate between progressive and regressive taxes giving an example for each.
Explain the state's role in achieving the objective of social justice in less developed countries.
Define the following term:
Fiscal deficit
Explain how indirect taxes can be made progressive.
Citing reasons state the superiority of Progressive tax over regressive tax.
