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प्रश्न
Citing reasons state the superiority of Progressive tax over regressive tax.
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उत्तर
Progressive tax is better than regressive tax because under a progressive tax system high income earners pay more than low income earners. And under regressive taxation the tax rate deceases as the income levels increases. High tax is collected, from low income earners and low from high income groups.
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संबंधित प्रश्न
Identify the tax which is most likely to faster civic conciousness.
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 |
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.
Which one is better progressive or regressive taxation and why?
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
How does the state fulfil the following socio-economic objective?
Environmental protection.
State two differences between income tax and commodity tax.
Discuss four fiscal policy objectives with reference to India.
