Advertisements
Advertisements
प्रश्न
Briefly explain why direct taxes foster civic consciousness among people.
Advertisements
उत्तर
- Direct taxes create a spirit of civic responsibility amongst the tax-payers.
- Since the tax-payers provide the funds from their own pockets to the government, they take keen interest in seeing that these funds are properly utilised.
- This public awareness plays an important role in checking the wastage of public expenditure.
APPEARS IN
संबंधित प्रश्न
Instrument of monetary policy is:
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 ______.
The major objective of monetary policy is ______.
Which of the statement is true for income tax?
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
- Income tax
- House tax
- Sales tax
Classify the following type of tax into direct and indirect taxes:
Sales tax
What are progressive taxes.
Explain the significance of taxes.
