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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
Fiscal policy means public expenditure and tax policy of the government.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Which of these taxes is most likely to be progressive?
Define direct tax
Define Indirect tax
Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
- Income tax
- House tax
- Sales tax
Explain the term proportional taxation.
Which one is better progressive or regressive taxation and why?
Explain the term Impact of a tax.
Explain the term Incidence of a tax.
