B Com Exam > B Com Videos > Public Finance > Shifting of taxes - Public revenue, Public finance
Shifting of taxes - Public revenue, Public finance Video Lecture | Public Finance - B Com
|
37 videos|35 docs|15 tests
|
FAQs on Shifting of taxes - Public revenue, Public finance Video Lecture - Public Finance - B Com
| 1. What is public revenue in the context of public finance? |  |
Ans. Public revenue refers to the income or funds generated by the government through various sources such as taxes, tariffs, fees, fines, and other forms of revenue. It is the primary source of funding for government expenditures and plays a crucial role in maintaining public services and infrastructure.
| 2. What is the concept of shifting of taxes? | |
Ans. Shifting of taxes refers to the phenomenon where the burden of a tax is transferred from the original taxpayer to someone else. This transfer can occur either partially or entirely, depending on the elasticity of demand and supply in the market. For example, if the demand for a product is highly elastic, the tax burden may be shifted to the consumers in the form of higher prices.
| 3. How does the shifting of taxes affect the public revenue? | |
Ans. The shifting of taxes can impact the public revenue in various ways. If the tax burden is successfully shifted to consumers, it can lead to an increase in public revenue as the government collects more taxes. However, if the burden is shifted to producers or suppliers, it may reduce their profitability and discourage investment, which can ultimately lower the tax revenue collected.
| 4. What are the factors that influence the shifting of taxes? | |
Ans. Several factors influence the shifting of taxes. These include the elasticity of demand and supply, market competition, availability of substitute products, and the relative bargaining power of different market participants. Additionally, government policies and regulations can also affect the extent to which taxes can be shifted, as well as the behavior of taxpayers.
| 5. How does the shifting of taxes impact the economy? | |
Ans. The impact of shifting taxes on the economy can be complex. If the burden is shifted to consumers, it can lead to higher prices and reduced purchasing power, which may affect consumer spending and overall economic activity. On the other hand, if the burden is shifted to producers, it can impact their profitability and investment decisions, potentially affecting employment and economic growth. Therefore, the shifting of taxes should be carefully considered to ensure a balanced and equitable impact on the economy.
Related Exams
About this Video
|
4.90/5 Rating |
|
Nov 16, 2024 Last updated |
Video Description: Shifting of taxes - Public revenue, Public finance for B Com 2024 is part of Public Finance preparation.
The notes and questions for Shifting of taxes - Public revenue, Public finance have been prepared according to the B Com exam syllabus.
Information about Shifting of taxes - Public revenue, Public finance covers all important topics for B Com 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Shifting of taxes - Public revenue, Public finance.
Introduction of Shifting of taxes - Public revenue, Public finance in English is available as part of our Public Finance for B Com & Shifting of taxes - Public revenue, Public finance in
Hindi for Public Finance course. Download more important topics related with notes, lectures and mock test series for
B Com Exam by signing up for free.
Description
Video Lecture & Questions for Shifting of taxes - Public revenue, Public finance Video Lecture | Public Finance - B Com - B Com full syllabus preparation | Free video for B Com exam to prepare for Public Finance.
Information about Shifting of taxes - Public revenue, Public finance
Here you can find the meaning of Shifting of taxes - Public revenue, Public finance defined & explained in the simplest way possible.
Besides explaining types of Shifting of taxes - Public revenue, Public finance theory, EduRev gives you an ample number of questions to practice Shifting of taxes - Public revenue, Public finance tests,
examples and also practice B Com tests.
|
37 videos|35 docs|15 tests
|
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Shifting of taxes - Public revenue
,Public finance Video Lecture | Public Finance - B Com
,video lectures
,Shifting of taxes - Public revenue
,Important questions
,practice quizzes
,Exam
,Objective type Questions
,study material
,Summary
,ppt
,Free
,Public finance Video Lecture | Public Finance - B Com
,mock tests for examination
,Public finance Video Lecture | Public Finance - B Com
,shortcuts and tricks
,Shifting of taxes - Public revenue
,MCQs
,Sample Paper
,Extra Questions
,Semester Notes
,Viva Questions
,Previous Year Questions with Solutions
,past year papers
;
Study Shifting of taxes - Public revenue, Public finance on the App
Students of B Com can study Shifting of taxes - Public revenue, Public finance alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Shifting of taxes - Public revenue, Public finance,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Shifting of taxes - Public revenue, Public finance is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup