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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
Which of the following is an advantage of direct taxes?
Instruments of fiscal policy is:
The state can promote economic development by ______.
Which of the statement is true for income tax?
State two objectives of fiscal policy.
Classify the following type of tax into direct and indirect taxes:
Income tax
What are progressive taxes.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Explain the term Incidence of a tax.
