Advertisements
Advertisements
Question
Identify the tax which is most likely to faster civic conciousness.
Options
Property tax
Entertainment tax
Goods and Services tax
Customs duty
Advertisements
Solution
Property tax
Explanation:
Property tax is a tax levied on real estate, such as land and buildings. It is directly linked to the ownership of property within a community.
APPEARS IN
RELATED QUESTIONS
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
The state can promote economic development by ______.
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
- Income tax
- House tax
- Sales tax
Briefly explain why direct taxes foster civic consciousness among people.
Define a tax.
State two differences between income tax and commodity tax.
State three demerits of an Indirect tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
