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प्रश्न
Define Indirect tax
What are indirect taxes?
What is meant by an indirect tax?
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उत्तर १
Indirect taxes are those taxes in which the burden of tax shifts from the payer to the bearer. For example, in the case of sales tax, the seller is liable to pay the tax; however, the burden of bearing the tax falls on the customer. The seller collects the tax from the customer and pays it to the government.
उत्तर २
According to Prof. Dalton, An indirect tax is imposed on one person but paid partly or wholly by another
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
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 tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
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
Differentiate between direct and indirect taxes.
Give one example of progressive tax.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Explain the term Impact of a tax.
