Showing posts with the label Tax McqsShow All

What are the major components of direct taxes?

2/19/2022 10:00:00 pm

A. Collection On Demand (COD) B. Voluntary Payment (VP) C. Withholding Tax (WTs) D. Al…

The distribution of resources amongst provinces is made through

2/19/2022 09:58:00 pm

A. National Finance Commissioner (NFC) B. National Co-ordination Committee C. National…

Give the major taxation theories?

2/19/2022 09:57:00 pm

A. Benefit Received Theory B. Capacity to Pay Theory C. Sacrifice Theory D. All of the…

Mention the demerits of Income-tax?

2/19/2022 09:56:00 pm

A. Income tax is attached with so many Formulas. It means that amount of Increase Tax …

Mention the demerits of Value Added Tax?

2/19/2022 09:54:00 pm

A. It is a very Complicated Tax System Particularly for the Developing Countries Here …

What are the merits of Value Added Tax?

2/19/2022 09:53:00 pm

A. It remains Neutral in its Effects on Sales and Production. Because such tax is Impo…

What is ‘Value Added tax’ related to?

2/19/2022 09:51:00 pm

A. Property Tax B. Excise Duty C. Sales Tax D. None of these

Mention the demerits of proportional taxes?

2/19/2022 09:50:00 pm

A. The Burden of Proportional Taxes is with poor Segment of the Society. It is a Fact …

Mention the merits of Proportional Taxes?

2/19/2022 09:48:00 pm

A. Each Tax Payer Easily Assess the Amount of Tax B. It is Simple and easy Understood …

Which tax is called Combination of Progressive and Proportional Taxes?

2/19/2022 09:45:00 pm

A. Digressive Tax B. Regressive Tax C. Specific Tax D. Value Added Tax

Name the tax whose rate falls along with an increase in income of the people?

2/19/2022 09:43:00 pm

A. Progressive Tax B. Regressive Tax C. Specific Tax D. Digressive Tax

Mention the demerits of Progressive Taxes?

2/19/2022 09:42:00 pm

A. It is Difficult to Assess that MU of Money for the Rich has Gone Down it may Happen…

Mentions the merits of Progressive Taxes

2/19/2022 09:40:00 pm

A. The Progressive Taxes are imposed on this Assumption that National Wealth of Money …

Mention the demerits of Indirect taxes

2/19/2022 09:38:00 pm

A. The Indirect Taxes are Generally of Consumption Nature. Therefore, their Burden is …

Mention the merits of Indirect Taxes?

2/19/2022 09:37:00 pm

A. It is Easy to pay the Indirect Taxes Because the Tax Payers Pay Such Taxes Along wi…

Mention the demerits of Direct Taxes?

2/19/2022 09:35:00 pm

A. The Direct Taxes are Imposed on Incomes, Hence they are Cumbersome for the Tax Paye…

What are the merits of direct taxes?

2/19/2022 09:33:00 pm

A. The Direct taxes Create Civic Sense B. It is easy to collect the Direct Taxes There…

Direct tax imposed upon the income of

2/19/2022 09:31:00 pm

A. Business B. Personal Income C. Income from Progression D. All of these

Direct taxes are imposed on

2/19/2022 09:31:00 pm

A. Income from Building B. Income from Land and Tangible Assets C. Income from Movable…

The indirect tax is one which has to be paid by the person whom upon it has not been imposed Mention its types?

2/19/2022 09:30:00 pm

A. Custom Duty B. Sales Tax C. Excise Duty D. All of these