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प्रश्न
Classify the following type of tax into direct and indirect taxes:
Income tax
State whether the following is a direct or an indirect tax:
Income tax
Giving reasons classify the following into direct and indirect tax:
Income tax
पर्याय
Direct tax
Indirect tax
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उत्तर
Direct tax
Explanation:
It is a direct tax because its impact and incidence lie on the same persons.
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संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
Wealth tax is an example of:
Which of the statement is true for income tax?
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 |
State the difference between income tax and expenditure tax.
To which tax is this shifting of tax burden relevant?
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Give two reasons why the government imposes tax?
Define a tax.
Explain briefly two merits of indirect tax.
