Advertisements
Advertisements
प्रश्न
The essential feature of a tax.
पर्याय
A compulsory payment
A legal payment
Both Compulsory payment and legal payment.
Neither Compulsory payment nor Legal payment
Advertisements
उत्तर
Both Compulsory payment and legal payment.
Explanation:
A tax is both a compulsory payment and a legal payment. It is compulsory because it is mandatory for individuals and businesses and legal because taxes are imposed and collected under the authority of the law.
संबंधित प्रश्न
Instruments of fiscal policy is:
The state can promote economic development by ______.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
What are progressive taxes.
Give two reasons why the government imposes tax?
Draw a neat labelled diagram for progressive taxation.
State two differences between income tax and commodity tax.
Explain the term Incidence of a tax.
Give two examples of direct taxes.
Explain the state's role in achieving the objective of social justice in less developed countries.
