Advertisements
Advertisements
Questions
Explain the term Incidence of a tax.
What is meant by incidence of taxation?
Answer in Brief
Advertisements
Solution
Incidence means the final resting place of a tax. The incidence is on the person who ultimately bears the money burden of the tax.
shaalaa.com
Role of State in Economic Development
Is there an error in this question or solution?
RELATED QUESTIONS
The essential feature of a tax.
Classify the following type of tax into direct and indirect taxes:
Sales tax
What are progressive taxes.
Give two reasons why the government imposes tax?
Explain how indirect taxes can be inflationary.
Explain clearly tour ways by which the state can promote economic growth and development.
Define a tax.
Give two examples of direct taxes.
Explain briefly two merits of indirect tax.
Explain how indirect taxes can be made progressive.
