If the impact and incidence of tax is imposed on one and the same person, then it is known as:-

Question

Accepted Answer

(a) Direct Tax — It the taxation and tax incidence fall on the same person, then it is called direct tax. If tax is imposed on someone and that person diverts the tax to another, then it is an indirect tax.

Answer

(B) Indirect Tax

Answer

(C) Progressive Tax

Answer

(D) Regressive Tax

If the impact and incidence of tax is imposed on one and the same person, then it is known as:-

Asked in

Related questions