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प्रश्न
Explain the significance of taxes.
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उत्तर
- Taxes are helpful in regulating the level of economic activity.
- They help in reducing inequalities of income and wealth.
- They provide resources for economic development.
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संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
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Define Indirect tax
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Discuss four fiscal policy objectives with reference to India.
With reference to the taxation policy.
Differentiate between progressive and regressive taxes giving an example for each.
Define the following term:
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Explain how indirect taxes can be made progressive.
