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Question
Making timely payment of proper taxes is the responsibility of organisation towards ______.
Options
Shareholders
Customers
Government
Solution
Making timely payment of proper taxes is the responsibility of the organisation towards government.
Explanation:
The government imposes various types of taxes like sales tax, income tax, wealth tax etc. Business units should pay these taxes from time to time. It would be difficult for the government to undertake development projects without availability of funds.
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