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प्रश्न
The government imposes tax ______.
विकल्प
To raise revenue
To reduce inequalities of income and wealth
Both to raise revenue and to reduce inequalities of income and wealth
Neither to raise revenue nor to reduce inequalities of income and wealth
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उत्तर
Both to raise revenue and to reduce inequalities of income and wealth.
Explanation:
- The government imposes taxes to raise revenue for funding public services, infrastructure, and other government activities.
- Taxes are also used to reduce inequalities of income and wealth by redistributing wealth through progressive taxation and social welfare programs.
संबंधित प्रश्न
Monetary policy means regulation of money supply by the monetary authority.
The state can promote economic development by ______.
Which of these taxes is most likely to be progressive?
Which of the statement is true for income tax?
Citing reason state the advantage of a direct tax over an indirect tax.
Give an example of Indirect tax.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain the state's role in achieving the objective of social justice in less developed countries.
Explain how indirect taxes can be made progressive.
