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प्रश्न
Wealth tax is an example of:
पर्याय
Direct tax
Indirect tax
Proportional tax
Degressive tax
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उत्तर
Direct tax
Explanation:
Wealth tax is imposed on an individual's wealth, and that individual is required to pay the tax. A direct tax is one in which both the impact and the burden fall on the same individual.
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संबंधित प्रश्न
Instruments of fiscal policy is:
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Which of the following taxes generate civic consciousness among people?
Define direct tax
Differentiate between direct and indirect taxes.
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
What is meant by regressive taxation?
Give two reasons why the government imposes tax?
Explain how indirect taxes can be made progressive.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
