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प्रश्न
Explain the significance of taxes.
थोडक्यात उत्तर
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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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Role of State in Economic Development
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संबंधित प्रश्न
Instrument of monetary policy is:
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Define Indirect tax
Citing reason state the advantage of a progressive tax over proportional tax.
What is meant by regressive taxation?
Which one is better progressive or regressive taxation and why?
Explain clearly tour ways by which the state can promote economic growth and development.
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.
Define the following term:
Fiscal deficit
