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प्रश्न
Explain the significance of taxes.
संक्षेप में उत्तर
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उत्तर
- Taxes are helpful in regulating the level of economic activity.
- They help in reducing inequalities of income and wealth.
- They provide resources for economic development.
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Role of State in Economic Development
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संबंधित प्रश्न
______ is an example of commercial revenues.
______ are those taxes which are paid by the same person on whom they have been imposed.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Which of the statement is true for income tax?
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Name any two instruments of Fiscal Policy.
State two objectives of fiscal policy.
What are progressive taxes.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Define the following term:
Fiscal deficit
