Advertisements
Advertisements
Question
Which of the following taxes generate civic consciousness among people?
Options
GST
Custom duty
Income tax
Entertainment tax
Advertisements
Solution
Income tax
Explanation:
Income tax is likely to generate civic consciousness among people because it directly involves citizens in the process of contributing to the nation's revenue.
APPEARS IN
RELATED QUESTIONS
______ is an example of commercial revenues.
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Fiscal policy means public expenditure and tax policy of the government.
Monetary policy means regulation of money supply by the monetary authority.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
State the difference between income tax and expenditure tax.
Classify the following type of tax into direct and indirect taxes:
Sales tax
Explain clearly tour ways by which the state can promote economic growth and development.
Explain the significance of taxes.
Explain the state's role in achieving the objective of social justice in less developed countries.
