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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
Which of these taxes is most likely to be progressive?
Name any two instruments of Fiscal Policy.
To which tax is this shifting of tax burden relevant?
What is meant by regressive taxation?
Give one example of progressive tax.
Explain the term proportional taxation.
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the significance of taxes.
Define the following term:
Fiscal deficit
