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प्रश्न
Explain briefly two merits of indirect tax.
थोडक्यात उत्तर
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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.
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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: The State and Economic Development - QUESTION BANK [पृष्ठ १८७]
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संबंधित प्रश्न
Which of the following taxes generate civic consciousness among people?
Define fiscal policy.
Name any two instruments of Fiscal Policy.
State two objectives of fiscal policy.
Citing reason state the advantage of a progressive tax over proportional tax.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Discuss four fiscal policy objectives with reference to India.
Explain the following with examples:
Progressive tax
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
