Advertisements
Advertisements
प्रश्न
To which tax is this shifting of tax burden relevant?
थोडक्यात उत्तर
Advertisements
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.
shaalaa.com
Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: The State and Economic Development - QUESTIONS [पृष्ठ १८४]
APPEARS IN
संबंधित प्रश्न
Instruments of fiscal policy is:
The major objective of monetary policy is ______.
Which of these taxes is most likely to be progressive?
Differentiate between direct and indirect taxes.
Define a degressive tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
- Income tax
- House tax
- Sales tax
With reference to the taxation policy.
Differentiate between progressive and regressive taxes giving an example for each.
Give two examples of direct taxes.
Explain briefly two merits of indirect tax.
