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प्रश्न
To which tax is this shifting of tax burden relevant?
थोडक्यात उत्तर
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उत्तर
- The shifting of the tax burden is generally applicable to indirect taxes such as sales tax, goods and services tax (GST), excise duty, and customs duty.
- In many cases, the tax is originally placed on a seller or producer, but the burden is ultimately passed on to the end consumer through higher pricing.
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संबंधित प्रश्न
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 : ______.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Distinguish between fiscal policy and monetary policy.
Define Indirect tax
What is meant by shifting of tax burden?
Give an example of Indirect tax.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Define a tax.
Explain the term Impact of a tax.
Give two examples of direct taxes.
