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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
MCQ
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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.
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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
संबंधित प्रश्न
Identify the tax which is most likely to faster civic conciousness.
Which of these taxes is most likely to be progressive?
Wealth tax is an example of:
Define a degressive tax.
Give an example of Indirect tax.
Explain the term proportional taxation.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
State three demerits of an Indirect tax.
Explain the term Impact of a tax.
