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प्रश्न
Explain how indirect taxes can be made progressive.
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उत्तर
Indirect taxes are regressive in nature as their burden falls on all people indiscriminately. Indirect taxes can be made progressive by imposing heavy taxes on luxury goods and by reducing rate of indirect taxes on necessary items like food, cloth, shelter.
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संबंधित प्रश्न
Which of these taxes is most likely to be progressive?
Which of the following taxes generate civic consciousness among people?
Define fiscal policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Citing reason state the advantage of a progressive tax over proportional tax.
Classify the following type of tax into direct and indirect taxes:
Sales tax
Briefly explain why direct taxes foster civic consciousness among people.
What are progressive taxes.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Discuss four fiscal policy objectives with reference to India.
