Why the Indirect taxes are termed regressive taxing mechanisms? Options: A . &nbspThey are charged at higher rates than direct taxes B . &nbspThey are charged the same for all income groups C . &nbspThey are not charged the same for all income groups D . &nbspNone of the above is a correct reason

Why the Indirect taxes are termed regressive taxing mechanisms?

Question

Why the Indirect taxes are termed regressive taxing mechanisms?

Options:

A . They are charged at higher rates than direct taxes

B . They are charged the same for all income groups

C . They are not charged the same for all income groups

D . None of the above is a correct reason

Answer: Option B

Submit Your Solution Below and Earn Points !

Next Question

Question 1. Section 14 of banking regulations act 1949 deals with:- ....

Question 2. What does the M in M-banking stands for? ....

Question 3. Which of the following are functions of foreign bank? ....

Question 4. Currently, which among the following products is facing imports ban from China? ....

Question 5. As per which act, holidays are provided in the banks? ....

Question 6. World investment report is published by? ....

Question 7. What is the least average daily per capita expenditure (DPCE) for village and cities respectively as per the latest dat....the latest data released by the National Sample Survey Office?

Question 8. The Mayaram panel was constituted to look into which one of the following areas? ....

Question 9. What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively? ....

Question 10. Which of the following schemes are not meant for investment purposes? ....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0