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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
The state can promote economic development by ______.
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
The major objective of monetary policy is ______.
Define direct tax
Define a degressive tax.
Briefly explain why direct taxes foster civic consciousness among people.
Give one example of progressive tax.
Draw a neat labelled diagram for progressive taxation.
State two differences between income tax and commodity tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
