Chhattisgarh State Board Class 8 Social Science Civics Chapter 6 Tax Exercise Multiple Choice, Fill in the Blanks, Questions and Answers here.
Chhattisgarh State Class 8 Social Science Civics Chapter 6 Solution
Fill in the blanks:
1.) Government gets its income through__________.
ANS:
Government gets its income through Taxation.
2.) The data of income-expenditure is known as____________.
ANS:
The data of income-expenditure is known as Budget.
3.) ___________and __________ are the types of taxes.
ANS:
Direct tax and Indirect tax are the types of taxes.
4.) When tax is levied, the prices of commodity__________.
ANS:
When tax is levied, the prices of commodity Increases.
II.) Answer the following questions:
1.) Explain what is tax?
ANS:
Government gives different facilities to the peoples of our country. For giving these different facilities government collect some amount of money is called as ‘Tax’.
2.) Why is tax imposed?
ANS:
Tax is imposed because of to give various types of services to the peoples of our country for their development. These services government get through with the help of taxes.
3.) Compare between taxes on goods and Income Tax?
ANS:
|
Taxes on goods |
Income Tax |
| i) These type of taxes are on various types of materials which we used in our daily life. | i) These types of taxes are on wealth of a person achieved through government jobs or various types of services done by peoples. |
4.) Give your ideas whether it is wrong or right if government charges taxes on agricultural production.
ANS:
i) It is wrong when government charges taxes on agricultural production. Because the farmer who made various agricultural crops in their farm by taking various loans from banks.
ii) Due to charges taxes on agricultural production the Life of farmers of our country goes in difficult condition.
5.) Explain value addition.
ANS:
i) We know when a product reaches to consumers, it is pass through various stages and in all stages the price of product is increases.
ii) This Increase in price of Product is called as ‘Value Addition’
6.) Explain G.S.T
ANS:
i) GST is Stands for ‘Goods and Services Tax’
ii) This is an indirect tax which is on both goods and services.
iii) This tax system is applicable to all over country having some fixed rate of taxes such as 5%, 12% and 18%.
iv) This is ‘One Country One Tax’
v) In this system the prices of goods will decrease and goods will be available to consumers at a cheaper rate.
