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Question
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
One Line Answer
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Solution
Indirect Tax
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Role of State in Economic Development
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Chapter 6: The State and Economic Development - QUESTIONS [Page 167]
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RELATED QUESTIONS
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
State two objectives of fiscal policy.
Citing reason state the advantage of a direct tax over an indirect tax.
Briefly explain why direct taxes foster civic consciousness among people.
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
State two differences between income tax and commodity tax.
State the four merits of a direct tax.
Give two examples of direct taxes.
Explain briefly two merits of indirect tax.
