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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
The essential feature of a tax.
Under ______ the rate of tax increases with rise in tax payer's income.
Fiscal policy means public expenditure and tax policy of the government.
Instruments of fiscal policy is:
Which of the statement is true for income tax?
Distinguish between fiscal policy and monetary policy.
Define direct tax
Citing reason state the advantage of a progressive tax over proportional tax.
What is meant by shifting of tax burden?
Define the following term:
Fiscal deficit
