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प्रश्न
Which of the statement is true for income tax?
विकल्प
It is regressive by nature.
It is an example of indirect tax.
Impact and incidence of the tax lies on the same person.
Impact and incidence of the tax lies on the different persons.
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उत्तर
Impact and incidence of the tax lies on the same person.
Explanation:
Income tax is a direct tax, which means that the impact and incidence fall on the same person.
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संबंधित प्रश्न
______ is an example of commercial revenues.
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
The state can promote economic development by ______.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Name any two instruments of Fiscal Policy.
Define Indirect tax
State the difference between income tax and expenditure tax.
To which tax is this shifting of tax burden relevant?
Give one example of progressive tax.
Explain the term proportional taxation.
