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Question
write any two difference between tax and payments?
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Solution
Tax is a compulsory payment whereas payment is voluntary. Payment for getting any service gives direct benefits whereas payments for tax will not give any direct benefit.
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Find out whether any of the groups mentioned in answer 2 pay taxes to day.
Very Short Answer Type Question:
For what did rulers need taxes?
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The taxes on crops were called _________
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Herders were supposed to pay taxes in the form of _________
The present Indian tax system is based on the ______ tax system.
Tax system should be designed in such a way that the people automatically pay more tax revenue with increase in income ______.
Which Canon of tax system does Indian tax system adhere to?
What is canon of Economy?
What is canon of Elasticity?
Write about the different canons of taxation.
