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What is Meant by Expenditure Tax? Give an Example. - Economics

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प्रश्न

What is meant by expenditure tax? Give an example.

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उत्तर

Expenditure tax is a tax imposed by the Central Government on the expenditure incurred by any individual in hotels and restaurants which provide superior facilities. It is one of the types of direct tax.

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2012-2013 (March)

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