English

Find out from your parents if they pay taxes. If yes, why do they do so and how?

Advertisements
Advertisements

Question

Find out from your parents if they pay taxes. If yes, why do they do so and how?

Activity
Advertisements

Solution

Yes, my parents pay taxes. Taxes are paid to the government so that it can provide public services such as roads, schools, hospitals, defence, transport and other development facilities. Income tax may be deducted directly from salary through TDS, or eligible taxpayers may pay tax while filing their income-tax return. People also pay indirect taxes such as GST when purchasing many goods and services.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Liberalisation, Privatisation and Globalisation: An Appraisal - Intext Question [Page 43]

APPEARS IN

NCERT Economics Indian Economic Development [English] Class 12
Chapter 3 Liberalisation, Privatisation and Globalisation: An Appraisal
Intext Question | Q 3. | Page 43
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×