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Jan Samarth Portal is related to which of the following?
Asked in Civil Judge 2022 · Topic: Fiscal Policy & Revenue (Subsidies: Types, rationale, and economic implications)
More Economic Development questions
- As per Budget estimate for 2020-21, the expenditure on urea subsidy is expected to be
- Name of the city which pays the highest income tax
- Which one of the following correctly describes the 'Angel Tax'?
- Consider the following statements regarding the Goods and Services Tax (GST) of India : (i) GST is a successor to VAT used in India on the supply of goods and services. (ii) GST came into effect from 1st July, 2017 through the implementation of the one hundred and first Amendment of the Constitution of India. (iii) Every decision of the GST Council is to be taken by a majority of not less than three-fourths of the weighted votes of the members present and voting at the meeting. (iv) The GST Council is chaired by the Prime Minister of India. Select the correct statement/ statements using the codes given below.
- Which of the following statements are correct ? Ability to pay principle of taxation holds that the amount of taxes people pay should relate to their income or wealth The Benefit Principle of taxation states that individuals should be taxed in proportion to the benefit they receive from Government programmes A progressive tax takes a larger share of tax from poor families than it does from rich families Indirect taxes have the advantage of being cheaper and easier to collect Select the correct answer using the code given below:
- Consider the following statements about impact of tax : A tax is shifted forward to consumers if the demand is inelastic relative to supply. A tax is shifted backward to producers if the supply is relatively more inelastic than demand. Which of the statements given above is/are correct?
- Which one of the following canons of taxation was not advocated by Adam Smith?
- Which one of the following items is not covered under GST ?
