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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
Fiscal policy means public expenditure and tax policy of the government.
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Define fiscal policy.
Citing reason state the advantage of a progressive tax over proportional tax.
Give an example of Indirect tax.
Explain how indirect taxes can be inflationary.
Draw a neat labelled diagram for progressive taxation.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
State two differences between income tax and commodity tax.
Give two examples of direct taxes.
