Question : Which of the following may be classified as a 'Pigouvian tax'?
Option 1: Income tax
Option 2: Carbon tax
Option 3: Corporate tax
Option 4: Long term capital gain tax
Correct Answer: Carbon tax
Solution : The correct option is the Carbon tax.
The carbon tax is a classic example of a Pigouvian tax. It is designed to internalise the external costs associated with carbon emissions and address the negative externality of climate change. By taxing carbon emissions, the government aims to make businesses and individuals take into account the environmental and societal costs of their carbon-intensive activities.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : Which of the following taxes is proportional in nature?
Question : The liability to pay the tax and the actual burden of which of the following taxes lie on two different persons?
Question : Which of the following sets belongs to central tax?
Question : Which of the following is an indirect tax?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile