Advertisements
Advertisements
प्रश्न
Explain briefly two merits of indirect tax.
थोडक्यात उत्तर
Advertisements
उत्तर
Merits of indirect tax are as follows:
- Indirect taxes are convenient to pay because they are paid in small amounts and are included in the price of the commodity. Taxpayers do not feel the burden of these taxes.
- Indirect taxes can be used to increase social welfare. The consumption of goods which are undesirable and harmful such as wine, cigarettes, etc. can be discouraged by imposing heavy taxes on them.
shaalaa.com
Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
Monetary policy means regulation of money supply by the monetary authority.
The state can promote economic development by ______.
The major objective of monetary policy is ______.
Wealth tax is an example of:
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
An indirect tax is not always equitable. Give two reasons to support your answer.
What is meant by shifting of tax burden?
State two differences between income tax and commodity tax.
Explain the term Impact of a tax.
