Which of the following is the highest income between direct and indirect taxes ?

Which of the following is the highest income between direct and indirect taxes ?
by

1 Answer

Answer :

Between direct and indirect taxes, more income is earned indirectly.
by

Related questions

Personal disposable income is - (1) always equal to personal income (2) always more than personal income (3) equal to personal income minus indirect taxes (4) equal to personal income minus direct taxes

Description : Personal disposable income is - (1) always equal to personal income (2) always more than personal income (3) equal to personal income minus indirect taxes (4) equal to personal income minus direct taxes

Last Answer : (4) equal to personal income minus direct taxes Explanation: Disposable income is total personal income minus personal current taxes. In national accounts definitions, personal income, minus personal ... of personal (or, private) consumption expenditure) yields personal (or, private) savings.

Personal disposable income is : (1) always equal to personal income. (2) always more than personal income. (3) equal to personal income minus direct taxes paid by household. (4) equal to personal income minus indirect taxes.

Description : Personal disposable income is : (1) always equal to personal income. (2) always more than personal income. (3) equal to personal income minus direct taxes paid by household. (4) equal to personal income minus indirect taxes.

Last Answer : (3) equal to personal income minus direct taxes paid by household. Explanation: Disposable income is total personal income minus personal current taxes. In national accounts definitions, personal ... category of personal (or, private) consumption expenditure) yields personal (or, private) savings

GDP at factor cost exceeds GDP at market price (a) When the factor income from abroad is negative ; (b) When depreciation on fixed capital exceeds income in investment; (c) When direct tax exceeds indirect tax ; (d) When subsidies exceeds indirect taxes.

Description : GDP at factor cost exceeds GDP at market price (a) When the factor income from abroad is negative ; (b) When depreciation on fixed capital exceeds income in investment; (c) When direct tax exceeds indirect tax ; (d) When subsidies exceeds indirect taxes.

Last Answer : (d) When subsidies exceeds indirect taxes. 

GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ………………. (a) Direct taxes ; (b) Indirect taxes ; (c) Income tax ; (d) Tax on rents

Description : GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ………………. (a) Direct taxes ; (b) Indirect taxes ; (c) Income tax ; (d) Tax on rents 

Last Answer : ; (b) Indirect taxes ;

Personal disposable income is : (1) always equal to personal income. (2) always more than personal income. (3) equal to personal income minus direct taxes paid by household. (4) equal to personal income minus indirect taxes.

Description : Personal disposable income is : (1) always equal to personal income. (2) always more than personal income. (3) equal to personal income minus direct taxes paid by household. (4) equal to personal income minus indirect taxes. 

Last Answer : equal to personal income minus direct taxes paid by household. 

From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ 200 . Indirect Taxes = ₹ 420 , Subsidies =

Description : From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ 200 . Indirect Taxes = ₹ 420 , Subsidies =

Last Answer : From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ ... A. 3380 B. 2, 980 C. 3020 D. 2, 620

If net national products is given at Market Prices , we `"____"` indirect taxes and `"________"` subsidies to get National income of the economy.

Description : If net national products is given at Market Prices , we `"____"` indirect taxes and `"________"` subsidies to get National income of the economy.

Last Answer : If net national products is given at Market Prices , we `"____"` indirect taxes and `"________"` ... Divide C. Subtract , Add D. Subtract , Divide

If economic subsidies are added to and indirect taxes are subtracted from the national income at market prices , then it will be equal to :

Description : If economic subsidies are added to and indirect taxes are subtracted from the national income at market prices , then it will be equal to :

Last Answer : If economic subsidies are added to and indirect taxes are subtracted from the national income at ... prices D. Gross domestic product at factor cost

The difference between personal disposable income and personal income is (a) Indirect taxes ; (b) Subsidies ; (c) Transfer payments ; (d) Personal taxes.

Description : The difference between personal disposable income and personal income is (a) Indirect taxes ; (b) Subsidies ; (c) Transfer payments ; (d) Personal taxes.

Last Answer : ; (d) Personal taxes.

The difference between Gross National Product (GNP) and Gross Domestic Product GDP) is (a) Excess of subsidies over indirect taxes ; (b) Depreciation ; (c) Net foreign income from abroad (d) Excess of indirect taxes over subsidies

Description : The difference between Gross National Product (GNP) and Gross Domestic Product GDP) is (a) Excess of subsidies over indirect taxes ; (b) Depreciation ; (c) Net foreign income from abroad (d) Excess of indirect taxes over subsidies

Last Answer :  (c) Net foreign income from abroad

Net factor income from abroad is equal to (a) NNP at market price – NDP at market price ; (b) NDP at market prices – Indirect taxes + Subsidies ; (c) NDP at factor cost + Depreciation ; (d) NNP at market prices + Depreciation

Description : Net factor income from abroad is equal to (a) NNP at market price – NDP at market price ; (b) NDP at market prices – Indirect taxes + Subsidies ; (c) NDP at factor cost + Depreciation ; (d) NNP at market prices + Depreciation

Last Answer : (a) NNP at market price – NDP at market price ;

When do conservatives realize what a problem income disparity is becoming in this country?

Description : When do conservatives realize what a problem income disparity is becoming in this country?

Last Answer : How about never or until the workers all riot?

Does this graph of median income and per capita GDP pretty much say it all?

Description : Does this graph of median income and per capita GDP pretty much say it all?

Last Answer : answer:You might find the Gini coefficient interesting. We keep some bad company in the income inequality department. But don’t worry. If you work hard enough you will be rich someday. ~

What is meant by income and expenditure in the current sector in the budget ?

Description : What is meant by income and expenditure in the current sector in the budget ?

Last Answer : : The budget refers to the income and expenditure of the current sector.

What is the main source of income in India's budget ?

Description : What is the main source of income in India's budget ?

Last Answer : The main source of budget revenue in India is government debt.

Who is the first to measure the national income of India ?

Description : Who is the first to measure the national income of India ?

Last Answer : Dadabhai Nowrozi was the first to measure the national income of India.

What is expatriate income or remittance ?

Description : What is expatriate income or remittance ?

Last Answer : : Remittance is the money sent by expatriate citizens to their home country . Workers , employees and professionals working abroad send a portion of their earnings to their families through banks ... a large part of the national income of Bangladesh comes from remittances sent by expatriates.

What is the provisional per capita income for the financial year 2018-19 ?

Last Answer : Per capita income for the fiscal year 2018-19 as temporary - 1909 USD.

What is the marginal utility at the highest state of total utility ?

Description : What is the marginal utility at the highest state of total utility ?

Last Answer : The marginal utility becomes zero when the total utility increases and reaches the maximum value.

Which sector has the highest GDP ?

Description : Please let us know according to the latest update

Last Answer : In the power and water sector

Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Description : Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Last Answer : (1) there is not direct relationship between the tax payer and the government. Explanation: The term indirect tax has more than one meaning. In the colloquial sense, an indirect tax (such as ... which is collected directly by government from the persons (legal or natural) on which it is imposed.

Income tax is a…………………. A) Professional tax B) Direct tax C) Indirect tax D) Service tax

Description : Income tax is a…………………. A) Professional tax B) Direct tax C) Indirect tax D) Service tax

Last Answer : B) Direct tax

Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Description : Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Last Answer : there is not direct relationship between the tax payer and the government.

Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year

Description : Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year

Last Answer : A. Balance of Payments Explanation: A Balance of payments statements is a summary of a nation‘s total economic transactions undertaken on international account. It is usually composed of two sections :-

Are indirect business taxes included in the measurement of GDP?

Description : Are indirect business taxes included in the measurement of GDP?

Last Answer : I'm pretty sure they aren't included at all, just like Government spending does not include benefit payments for GDP purposes. GDP is all about what an economy produces; things like taxes and food stamps ... what a country is producing. I'm still not 100% on that though, so you should verify it.

Calculate Indirect Taxes from the following data :

Description : Calculate Indirect Taxes from the following data :

Last Answer : Calculate Indirect Taxes from the following data :

Value of out put and value added can be distinguished if we know: (1) the value of intermediate consumption (2) the value of net indirect taxes (3) the value of the sales (4) the value of consumption of fixed capital

Description : Value of out put and value added can be distinguished if we know: (1) the value of intermediate consumption (2) the value of net indirect taxes (3) the value of the sales (4) the value of consumption of fixed capital

Last Answer : (1) the value of intermediate consumption Explanation: Intermediate consumption is an accounting flow which consists of the total monetary value of goods and services consumed or used up as inputs in ... how it is exactly defined and estimated will importantly affect the size of the GDP estimate.

Indirect taxes by nature are - (1) degressive (2) regressive (3) progressive (4) proportional

Description : Indirect taxes by nature are - (1) degressive (2) regressive (3) progressive (4) proportional

Last Answer : (2) regressive Explanation: An indirect tax is one in which the burden can be shifted to others. The tax payer is not the tax bearer. The impact and incidence of indirect taxes are on ... nature. Therefore, individuals would not be de-motivated to work and to save, which may increase investment.

Personal taxes in India best illustrates a (a) Proportional tax system ; (b) Progressive tax system (c) Indirect tax system ; (d) Value added tax system

Description : Personal taxes in India best illustrates a (a) Proportional tax system ; (b) Progressive tax system (c) Indirect tax system ; (d) Value added tax system

Last Answer : (b) Progressive tax system 

Indirect taxes by nature are (1) degressive (2) regressive (3) progressive (4) proportional

Description : Indirect taxes by nature are (1) degressive (2) regressive (3) progressive (4) proportional 

Last Answer : regressive

Value of out put and value added can be distinguished if we know: (1) the value of intermediate consumption (2) the value of net indirect taxes (3) the value of the sales (4) the value of consumption of fixed capital

Description : Value of out put and value added can be distinguished if we know: (1) the value of intermediate consumption (2) the value of net indirect taxes (3) the value of the sales (4) the value of consumption of fixed capital

Last Answer : the value of intermediate consumption 

Why is the minimum wage going up?

Description : Why is the minimum wage going up?

Last Answer : Inflation

Is Trump crippling our economy to strengthen Russia's?

Description : Is Trump crippling our economy to strengthen Russia's?

Last Answer : Seems that way, Trump is Putin’s puppet more than anyone knows. And I truly hope that comes to light when Mueller makes his report public.

What are your economic cues?

Description : What are your economic cues?

Last Answer : My sister bought a house and SUV in 1999. My sister bought a house and SUV in 2006. My sister bought a house and SUV 11 months ago. I AM NOT JOKING It is like when it gets good enough for my sister to spend money it all goes to shit.

Is the cause of the 2008 financial crisis, something about it not being illegal?

Description : Is the cause of the 2008 financial crisis, something about it not being illegal?

Last Answer : There were a lot of illegal acts that contributed to the crisis- securities fraud and violations of banking regulations. But there was a general disregard for prosecuting anyone. The Department of Justice did not file criminal charges against anyone.

Will India become a rich country as it was earlier?

Description : Will India become a rich country as it was earlier?

Last Answer : I think it will tend to get “richer” in several ways… until/unless something terrible happens there, such as intolerably increased peak temperatures due to climate change.

What should people have a right to?

Description : What should people have a right to?

Last Answer : I would hope pretty much all of that, both for person A or B, with the most marginal ones to me being: pre-school child care (depending on what you mean) And I would add as well: 15. food (even ... 'd like to do, not that they get shamed and abandoned and made to do something that doesn't suit them.

How do you think businesses are faring in their first quarter under Trump?.

Description : How do you think businesses are faring in their first quarter under Trump?.

Last Answer : answer:If your business is federally regulated (telecoms, oil, transportation) or involved in the defense or prison industries, you did fine. With everyone else it’s really too early to tell.

What will happen when the world runs out of oil-based fuels?

Description : What will happen when the world runs out of oil-based fuels?

Last Answer : Resource wars, culminating in global thermonuclear war and the end of human civilisation.

Should companies be able to hire foreign workers, if they can't find locals to fill the position?

Description : Should companies be able to hire foreign workers, if they can't find locals to fill the position?

Last Answer : Here in B.C the restaurant , and mining industry were guilty of this,should industry be able to do this? I have always been to told by die hard conservatives that wages will go up when there is a ... found a way to circumvent it, should industry be allowed or should they be called to task on it?

What percent of the 1% are Democrat or Republican?

Description : What percent of the 1% are Democrat or Republican?

Last Answer : New York Times says 58% of the 1% are Conservative or Republican

Prompted by a previous question, do you know of a number of adult children who are helping their elderly parents financially if their pension is not adequate?

Description : Prompted by a previous question, do you know of a number of adult children who are helping their elderly parents financially if their pension is not adequate?

Last Answer : I work with a lot of elderly patients. Many of them have children that help out with finances and personal care. For most of them, the help is minimal, but for some, it is pretty substantial.

What benefits has America experienced in the wake of the recession?

Description : What benefits has America experienced in the wake of the recession?

Last Answer : answer:A long term benefit is the restructuring of the housing finance market. It still has a long way to go, and a lot of people were hurt from 2007 to 2010; but it has gotten at least ... falsified mortgages and low cost enticing loans. In th along run, that will make the economy a bit healthier.

Does "country of origin" influence your purchasing decisions?

Description : Does "country of origin" influence your purchasing decisions?

Last Answer : answer:It doesn't influence me much. I don't see why it's not beneficial to the USA to at least attempt to have a robust manufacturing sector though. The problem is there are ... years ago? Emergent technology matures, and eventually imitators crop up and undercut the originator of the technology.

Hypothetical question, In your opinion what would happen in North America if all transport trucks stopped rolling for 7 days?

Description : Hypothetical question, In your opinion what would happen in North America if all transport trucks stopped rolling for 7 days?

Last Answer : Riots… Massive food shortages. Total disaster. The National Guard would be called in and would be ineffective. The NRA would bilk more members.

Speculative history: If the USSR hadn't been a socialist/communist state from 1917, would they now be ahead of (or behind) the US as a world power?

Description : Speculative history: If the USSR hadn't been a socialist/communist state from 1917, would they now be ahead of (or behind) the US as a world power?

Last Answer : Both west and east stole technology from Central Europe, WHICH IS AND ALWAYS WAS THE BEST EUROPE!

Is this movie on YouTube accurate and precise?

Description : Is this movie on YouTube accurate and precise?

Last Answer : answer:Simplistic and misleading. Get stranded on a desert is island. A ton of paper money would carry FAR more survival value than a ton of gold. I do worry about our Fed being a quasi-private ... W. Bush, and it would be good to have such an accessible film that really concentrates on reality;

Are Detroit's problems the result of austerity programs in the state of Michigan?

Description : Are Detroit's problems the result of austerity programs in the state of Michigan?

Last Answer : Detroit’s problems are a large confluence of things. Not least of which is the decline in population (and thus tax base) from 2 million to 700,000.

Any middle aged jellies starting over from scratch? I could use some cheerful optimisim as I am feeling very grim in the moment.

Description : Any middle aged jellies starting over from scratch? I could use some cheerful optimisim as I am feeling very grim in the moment.

Last Answer : Bought the farm means dead, maybe that should be worded differently? LOL. Leave it to you to have humor accidently during a serious and difficult time. I hope things turn around for you, I wish I had some wisdom to share.

The perversity of the American economy - should I be happy or sad?

Description : The perversity of the American economy - should I be happy or sad?

Last Answer : answer:Depends. What’s your industry? If it’s construction, be sad. If it’s hospitality, be happy.