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प्रश्न
Explain the term Incidence of a tax.
What is meant by incidence of taxation?
थोडक्यात उत्तर
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उत्तर
Incidence means the final resting place of a tax. The incidence is on the person who ultimately bears the money burden of the tax.
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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
संबंधित प्रश्न
The essential feature of a tax.
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 |
Distinguish between fiscal policy and monetary policy.
Define direct tax
State the difference between income tax and expenditure tax.
To which tax is this shifting of tax burden relevant?
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Which one is better progressive or regressive taxation and why?
Differentiate between progressive and regressive taxes giving an example for each.
Explain the significance of taxes.
