Question Set

1. Which among the following curve defines the principle that zero tax rate would produce zero revenue for the government and a 100% tax rate would also generate zero revenue for the taxing Government?





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->The Direct Tax Code (DTC) task force has recommended a major cut in corporate tax for both domestic and foreign companies. What is the newly recommended corporate tax rate for both domestic and foreign companies?....
QA->In order to promote growth and investment, a new provision has been inserted in the Income-tax Act with effect from FY 2019-20 which allows any domestic company an option to pay income-tax at the rate of __ per cent subject to condition that they will not avail any exemption/incentive.?....
QA->What minimum number of non-zero non-collinear vectors is required to produce a zero vector?....
QA->The minimum number of non-zero non-collinear vectors required to produce a zero vector is?....
QA->are based on the principle that the rate of water absorption is essentially equal to the rate of water loss?....
MCQ->Which among the following curve defines the principle that zero tax rate would produce zero revenue for the government and a 100% tax rate would also generate zero revenue for the taxing Government?....
MCQ->As we all know Govt. of Indiacollects tax revenue on variousactivities in the country. Whichof the following is a part of thetax revenue of the Govt. ? (i) Tax on Income(ii) Tax on Expenditure(iii) Tax on Property or CapitalAsset(iv) Tax on Goods and Services....
MCQ->Many a times we read in the financial newspapers about a term “Progressive Tax System”. Consider the following statements in this context: 1.%%Progressive tax is harsher on the poor sections of the society 2.%%In Progressive tax, average tax rate is less than the marginal tax rate Which among the above statements is / are correct?....
MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Translation is of immense importance today. With rapid commercialization, the narrow barriers between nations are fast disappearing. In the past, there used to be practically no communication amongst nations. The modern world, however, is no longer divided into water-tight compartments. We are heading towards one world, thanks to development in the fields of communication among nations today. Translation forges bonds of unity amongst people who speak different languages. Even if we do not know a particular language or the literature of a particular nation, we can know its richness and the depth of its ideas through translation. Translation also helps in understanding the rich cultural heritage of a nation. Thus a multi-lingual person has a multi-focal view of the world. Translation also serves as a mode of cultural excahnge in a multi-lingual country. It plays a pivotal role in the evolution of a pluralistic national identity. The achievement of translation is both the globalisation of culture and the promotion of intra and inter-cultural bonding. One may appreciate and enjoy through translation the plays of Shakespeare even if one does not know the English language. One may also know the rich world of Homer, Virgil, Dante, Milton, Dickens, Hardy, Leo Tolstoy, Zola and Munshi Prem Chand through translation. Translation responds to our intellectual, cultural and spiritual needs. It is necessary for information and for the exchange of ideas. Translation, which has hitherto been neglected and marginalized, has assumed importance with rapid globalization. It is now considered an art which requires mastery and perfection. A good translator is able to do away with superficiality and has a clear understanding of the text to be translated. He should have mastery over the subtle nuances of the language from which he is translating. Translating a passage of one language into another literally is not only impossible but would also result in incorrect grammar and syntax. What should be the primary concern while translating a passage from one language into another?....
MCQ->Which of the following is/are correctly matched:1. Stamp duties and duties on medical and toilet preparations-levied by the Union but collected and appropriated by the States. 2. Duties on succession to property other " than agricultural land-levied and' collected by the Union but assigned to the States. 3. Taxes on income other than corporation tax and tax on agricultural income-levied. collected and appropriated by the Union. 4. Receipts from Broadcasting-non- tax revenue of the Union.?....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution