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प्रश्न
Classify the following type of tax into direct and indirect taxes:
Sales tax
State whether the following is a direct or an indirect tax:
Sales tax
पर्याय
Direct tax
Indirect tax
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उत्तर
Indirect tax
संबंधित प्रश्न
Instrument of monetary policy is:
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
The major objective of monetary policy is ______.
Which of these taxes is most likely to be progressive?
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Classify the following type of tax into direct and indirect taxes:
House tax
Briefly explain why direct taxes foster civic consciousness among people.
State two drawbacks of direct taxes.
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
Explain briefly two merits of indirect tax.
