(English Medium) ICSE Class 10 - CISCE Question Bank Solutions

Define direct tax

Define Indirect tax

Differentiate between direct and indirect taxes.

'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.

State the difference between income tax and expenditure tax.

Define a degressive tax.

Citing reason state the advantage of a progressive tax over proportional tax. 

Citing reason state the advantage of a direct tax over an indirect tax.

An indirect tax is not always equitable. Give two reasons to support your answer. 

What is meant by shifting of tax burden? 

To which tax is this shifting of tax burden relevant?

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:

House tax

Classify the following type of tax into direct and indirect taxes:

Sales tax

Briefly explain why direct taxes foster civic consciousness among people.

What is meant by regressive taxation?

What are progressive taxes.

Give an example of Indirect tax.

Give one example of progressive tax.