Advertisements
Advertisements
प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Advertisements
उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
APPEARS IN
संबंधित प्रश्न
Which of the following is an advantage of direct taxes?
Under ______ the rate of tax increases with rise in tax payer's income.
Monetary policy means regulation of money supply by the monetary authority.
What is meant by shifting of tax burden?
Classify the following type of tax into direct and indirect taxes:
Income tax
Briefly explain why direct taxes foster civic consciousness among people.
What is meant by regressive taxation?
State the four merits of a direct tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
