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प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
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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.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Monetary policy means regulation of money supply by the monetary authority.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Define direct tax
Classify the following type of tax into direct and indirect taxes:
House tax
What are progressive taxes.
Give one example of progressive tax.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Citing reasons state the superiority of Progressive tax over regressive tax.
