Question : ______________ are those taxes which can be shifted to another person or entity.
Option 1: Tax revenue
Option 2: Non tax revenue
Option 3: Direct tax
Option 4: Indirect tax
Correct Answer: Indirect tax
Solution : Indirect taxes are those taxes which can be shifted to another person or entity.
Hence, Option D is correct.
Question : These taxes are generally progressive in nature.
Question : These taxes are generally proportional in nature.
Question : ___________ refers to the tax that are imposed on property and income of individual income and their burden can not be shifted.
Question : _______________ refers to the sum total of receipt from taxes and other duties imposed by the government.
Question : ________________ refers to the receipt of the government from all sources other than those of tax receipt.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile