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प्रश्न
Give an example of Indirect tax.
Give two examples of indirect tax.
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उत्तर
Here are some examples of indirect taxes:
- Goods and Services Tax (GST).
- Excise Duty.
- Customs Duty
Notes
Students should refer to the answer according to their questions and based on their preferred marks.
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संबंधित प्रश्न
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Define Indirect tax
Briefly explain why direct taxes foster civic consciousness among people.
State two drawbacks of direct taxes.
Draw a neat labelled diagram for progressive taxation.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Define a tax.
Explain the term Impact of a tax.
Explain the term Incidence of a tax.
