Advertisements
Advertisements
प्रश्न
Explain how indirect taxes can be made progressive.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Which of the statement is true for income tax?
Name any two instruments of Fiscal Policy.
What is meant by shifting of tax burden?
Explain the term proportional taxation.
State two drawbacks of direct taxes.
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain briefly two merits of indirect tax.
