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प्रश्न
State two differences between income tax and commodity tax.
State two difference between tax on income and tax on a commodity.
Mention two points of distinction between tax on income and tax on commodity.
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उत्तर
| S. No. | Income tax | Commodity tax |
| 1. | Income tax is a direct tax. | Tax on a commodity is an indirect tax. |
| 2. | Tax burden of income tax cannot be shifted to another. | tax burden on a commodity can be shifted wholly or particularly on to its buyers in the form of higher prices. |
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संबंधित प्रश्न
Instruments of fiscal policy is:
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Differentiate between direct and indirect taxes.
State the difference between income tax and expenditure tax.
Define a degressive tax.
Classify the following type of tax into direct and indirect taxes:
Income tax
Give one example of progressive tax.
Which one is better progressive or regressive taxation and why?
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain the following with examples:
Progressive tax
