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Question : Burden of tax which cannot be shifted on to the others, is called

 

Option 1: GST
 

Option 2: Direct tax
 

Option 3: Indirect tax

 

Option 4: Wealth tax


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Direct tax
 


Solution : The correct answer is (b) Direct tax.

Direct taxes are imposed on individuals or entities who are responsible for paying the tax directly to the government. The burden of direct taxes cannot be easily shifted to someone else. These taxes are typically based on the taxpayer's income, profits, or wealth.

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