Question
Which of the following statements are correct? 1.
Ability to pay principle of taxation holds that the amount of taxes people pay should relate to their income or wealth 2. The Benefit Principle of taxation states that individuals should be taxed in proportion to the benefit they receive from Government programmes 3. A progressive tax takes a larger share of tax from poor families than it does from rich families 4. Indirect taxes have the advantage of being cheaper and easier to collect Select the correct answer using the code givenSolution
A progressive tax receives a larger percentage from the income of higher earners than it acts from low income person.
What was the Real Name of Singer Kishore Kumar?
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Euro is not the currency of which of the following country?
Which of the following is correctly Matched?
I) Drafting Committee – Bhimrao AmbedkarÂ
II) Union Constitution Committee – Jawaharlal ...
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Pushyabhuti, who ruled from Thaneswar, was the founder of---------------dynasty.
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