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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
______ are those taxes which are paid by the same person on whom they have been imposed.
Which of the following taxes generate civic consciousness among people?
Define fiscal policy.
Distinguish between fiscal policy and monetary policy.
Define direct tax
Classify the following type of tax into direct and indirect taxes:
Income tax
Explain how indirect taxes can be inflationary.
Explain clearly tour ways by which the state can promote economic growth and development.
Differentiate between progressive and regressive taxes giving an example for each.
Explain how indirect taxes can be made progressive.
