An example for direct tax
Fine
Sales tax
Property tax
Customs duty
A _________ is one imposed upon an individual person or on property, as distinct from a tax imposed upon a transaction.
Direct tax
Indirect tax
Service tax
In economic activities, the intervention of government is very essential in those areas where _____ is reluctant to enter.
Free market
Tax burden
Private sector
Public sector
In which country value added tax was first introduced?
England
Russia
India
France
What is the reason for the growth of public debt in India?
Urbanization
Adult literacy
Inflation
Expenses on internal security
The sector which is the most ideal area for non tax sources.
Industrial sector
Agricultural sector
Service sector
In which feature of Direct tax?
Expenses of tax collection is usually high
Chances for malpractices are high
Evading a tax means giving up the want
Tax burden can be shifted
The word 'Budget' is derived from __________ word.
Arabic
French
Greek
Italian
An example for productive debt
To cover deficit
For war expenses
For the construction of dams
For paying taxes
Entertainment tax is an example for _________ tax.
Expenditure tax