Advertisements
Advertisements
Question
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 : ______.
Options
Proportional tax
Indirect tax
Progressive tax
Regressive tax
Advertisements
Solution
A tax is paid by some person and the final burden is born by some other person : Indirect tax.
APPEARS IN
RELATED QUESTIONS
______ are those taxes which are paid by the same person on whom they have been imposed.
Which of the statement is true for income tax?
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Classify the following type of tax into direct and indirect taxes:
Income tax
Classify the following type of tax into direct and indirect taxes:
Sales tax
What are progressive taxes.
Give an example of Indirect tax.
Three demerits of an Indirect tax.
Differentiate between progressive and regressive taxes giving an example for each.
Define the following term:
Fiscal deficit
