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प्रश्न
Give reason of Explain the statement
Income collected from tax is a main source of government revenue.
उत्तर
Income collected from taxes forms a main part of the government revenue as a tax is a legally compulsory monetary contribution to the government by different economic units, such as households, firms and other economic units. Taxes are imposed by the government on different activities like income, property, production, occupation etc.
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संबंधित प्रश्न
Distinguish between the following.
Direct tax and Indirect tax.
State whether the following statement is True or False with reason:
Autonomous consumption expenditure cannot be zero.
Give reasons or explain the following statement:
It is more appropriate to tax the rich in excess than the poor.
Fill in the blank with appropriate alternatives given below
__________ is an example of direct tax.
State whether the following statement is true or false.
Indirect taxes are paid directly by people to the government.
Distinguish between:
Direct tax and indirect tax
Answer the following question
What are the source of non-tax revenue?