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प्रश्न
Give two reasons why the government imposes tax?
Give two objectives of taxation.
थोडक्यात उत्तर
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उत्तर
Objectives of Taxation Policy are:
- The government imposes taxes to raise revenue.
- Taxes are also imposed to reduce inequalities in the distribution of income.
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संबंधित प्रश्न
The essential feature of a tax.
Instrument of monetary policy is:
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
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 |
Citing reason state the advantage of a progressive tax over proportional tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
Draw a neat labelled diagram for progressive taxation.
State two differences between income tax and commodity tax.
Explain briefly two merits of indirect tax.
Explain how indirect taxes can be made progressive.
