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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
Distinguish between fiscal policy and monetary policy.
Citing reason state the advantage of a progressive tax over proportional tax.
Classify the following type of tax into direct and indirect taxes:
Sales tax
What is meant by regressive taxation?
What are progressive taxes.
Give an example of Indirect tax.
Draw a neat labelled diagram for progressive taxation.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Define a tax.
Explain the following with examples:
Progressive tax
