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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
Which of the following is an advantage of direct taxes?
State two objectives of fiscal policy.
Define a degressive tax.
What is meant by shifting of tax burden?
What is meant by regressive taxation?
What are progressive taxes.
Explain the term proportional taxation.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
State the four merits of a direct tax.
