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प्रश्न
What is meant by regressive taxation?
What are regressive taxation?
Explain the following with examples:
Regressive tax
What is regressive tax? Give an example.
What is a regressive tax?
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उत्तर
- Regressive tax is the opposite of progressive tax. A tax will be regressive when the rate of tax decreases as the tax base increases. Thus, it is directly opposite of progressive tax.
- The chief examples of regressive taxes are on these goods whose consumption society wishes to discourage, such as tobacco and alcohol.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Wealth tax is an example of:
Which of the statement is true for income tax?
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Define fiscal policy.
Name any two instruments of Fiscal Policy.
Classify the following type of tax into direct and indirect taxes:
House tax
State two drawbacks of direct taxes.
Explain the term Impact of a tax.
