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प्रश्न
Explain the term Impact of a tax.
What is meant by impact of taxation?
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उत्तर
The term impact is used to express the immediate or original imposition of tax. The impact of tax is on the person on whom it is imposed first i.e., the person who is liable to pay tax to the government.
संबंधित प्रश्न
The government imposes tax ______.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Which of these taxes is most likely to be progressive?
Which of the statement is true for income tax?
Distinguish between fiscal policy and monetary policy.
Define direct tax
Classify the following type of tax into direct and indirect taxes:
Income tax
Explain the term proportional taxation.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the term Incidence of a tax.
