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प्रश्न
Explain the following with examples:
Progressive tax
थोडक्यात उत्तर
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उत्तर
- A tax is said to be progressive when the rate of tax increases as the taxpayer's income increases.
- Examples of progressive tax are income tax, and estate tax.
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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 - QUESTIONS [पृष्ठ १६८]
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संबंधित प्रश्न
Monetary policy means regulation of money supply by the monetary authority.
Which of these taxes is most likely to be progressive?
Which of the statement is true for income tax?
Which of the following taxes generate civic consciousness among people?
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
What are progressive taxes.
Give one example of progressive tax.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Define a tax.
