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प्रश्न
Which of the following is an advantage of direct taxes?
पर्याय
Convenient to pay
Wide coverage
Levied according to the taxable capacity
No Evasion
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उत्तर
Levied according to the taxable capacity
Explanation:
- One of the key advantages of direct taxes is that they are levied according to the taxable capacity of the taxpayer.
- This means that individuals or entities are taxed based on their ability to pay, ensuring that those with higher incomes or wealth contribute more to the public revenue than those with lower incomes.
संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Define Indirect tax
What is meant by regressive taxation?
Give one example of progressive tax.
Explain the term proportional taxation.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
State the four merits of a direct tax.
Differentiate between progressive and regressive taxes giving an example for each.
Define the following term:
Fiscal deficit
