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प्रश्न
Which of the following is an advantage of direct taxes?
विकल्प
Convenient to pay
Wide coverage
Levied according to the taxable capacity
No Evasion
MCQ
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उत्तर
Levied according to the taxable capacity
Explanation:
- One of the key advantages of direct taxes is that they are levied according to the taxable capacity of the taxpayer.
- This means that individuals or entities are taxed based on their ability to pay, ensuring that those with higher incomes or wealth contribute more to the public revenue than those with lower incomes.
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क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Identify the tax which is most likely to faster civic conciousness.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
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 |
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Define direct tax
Classify the following type of tax into direct and indirect taxes:
Income tax
Give one example of progressive tax.
Give two reasons why the government imposes tax?
Discuss four fiscal policy objectives with reference to India.
Explain briefly two merits of indirect tax.
