Advertisements
Advertisements
Question
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
Advertisements
Solution
Direct taxes create a spirit of civic responsibility amongst the tax-payers. Since the tax-payers provide the funds from their own pockets to the government. Indirect taxes do not create no such civic consciousness.
APPEARS IN
RELATED QUESTIONS
Identify the tax which is most likely to faster civic conciousness.
Name any two instruments of Fiscal Policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
What is meant by shifting of tax burden?
Classify the following type of tax into direct and indirect taxes:
Income tax
State two drawbacks of direct taxes.
Explain clearly tour ways by which the state can promote economic growth and development.
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.
Explain how indirect taxes can be made progressive.
