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प्रश्न
The government imposes tax ______.
पर्याय
To raise revenue
To reduce inequalities of income and wealth
Both to raise revenue and to reduce inequalities of income and wealth
Neither to raise revenue nor to reduce inequalities of income and wealth
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उत्तर
Both to raise revenue and to reduce inequalities of income and wealth.
Explanation:
- The government imposes taxes to raise revenue for funding public services, infrastructure, and other government activities.
- Taxes are also used to reduce inequalities of income and wealth by redistributing wealth through progressive taxation and social welfare programs.
संबंधित प्रश्न
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 ______.
Identify the tax which is most likely to faster civic conciousness.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Give two reasons why the government imposes tax?
State two drawbacks of direct taxes.
Draw a neat labelled diagram for progressive taxation.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the term Impact of a tax.
Explain how indirect taxes can be made progressive.
