Question
A "Pigouvian tax" is designed to correct
for:Solution
A Pigouvian tax is levied on an activity that generates negative externalities (e.g., pollution). It aims to internalize the external cost, aligning private cost with social cost and reducing the activity to the socially optimal level.
What does the legal maxim Qui Facit Per Alium Facit Per Se imply in the context of the law of agency?
As per the first proviso to Section 4B(1), extension of the Director’s tenure “up to one year at a time” can be granted in public interest:
...Application for Plea bargaining is made under which section of Crpc?
As per the Negotiable Instruments Act the presumption under section 139 is relating to the issue of the cheque for the discharge of any debt is in favo...
Under Section 3 of the Limitation Act, when does the limitation period begin to run?Â
If an instrument involves multiple distinct matters, how is the duty calculated under the Maharashtra Stamp Act?
Which chapter of the Bharatiya Nagarik Suraksha Sanhita, 2023, deals with the processes that compel the production of documents?
Presumption as to Electronic Signature Certificate?
What is the minimum amount of compensation paid to a laid off employee under Section 25 C of the Industrial Disputes Act, 1947
Which section empowers the Central Government to make rules for regulating environmental pollution?Â
