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प्रश्न
Give two reasons why the government imposes tax?
Give two objectives of taxation.
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उत्तर
Objectives of Taxation Policy are:
- The government imposes taxes to raise revenue.
- Taxes are also imposed to reduce inequalities in the distribution of income.
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संबंधित प्रश्न
The state can promote economic development by ______.
Which of the statement is true for income tax?
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Define a degressive tax.
To which tax is this shifting of tax burden relevant?
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
State the four merits of a direct tax.
Explain briefly two merits of indirect tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
