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Questions
Define direct tax
What are direct taxes?
What is meant by direct tax?
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Solution 1
Direct taxes refer to taxes that are imposed on the property and income of individuals and companies, and their burden cannot be shifted to another person/entity.
Solution 2
A direct tax is one that is paid by the person on whom it is legally imposed.
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RELATED QUESTIONS
The essential feature of a tax.
The government imposes tax ______.
The state can promote economic development by ______.
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 |
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With reference to the taxation policy.
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