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प्रश्न
What is meant by shifting of tax burden?
Explain the term Shifting of a tax.
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उत्तर
Shifting of the tax burden is the process by which the person or business legally responsible for paying a tax transfers that burden to another party. This happens when the taxpayer's tax responsibility is passed to someone else, usually through changes in prices or costs.
संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
Instrument of monetary policy is:
Wealth tax is an example of:
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.
Classify the following type of tax into direct and indirect taxes:
House tax
What are progressive taxes.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Explain briefly two merits of indirect tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
