Question
Indian Taxation law is based on which of the following
principle?Solution
Vertical Equity : This means that unequals should be treated unequally. This concept is also known as ability-to-pay principle . It means the total tax burden will be distributed among individuals according to their capacity to bear it, taking into account all of the relevant personal characteristics. •       The ethical base of this principle rests on the assumption that one rupee paid in taxes by a rich person represents less sacrifice than does the same rupee tax paid by a poor man and that fairness demands equal sacrifice by both rich and poor in support of government. •       Example : Income tax- a progressive tax structure.
The chairman and vice chairman of Central Board constituted under Employees’ Provident Fund are appointed by _______________.
The President can proclaim emergency on the written advice of the
 According to the Information Technology Act, 2000 addressee means_________________
Goods to be manufactured or produced or acquired by the seller after the making of the contract of sale are called
Which of the following sets of thinkers is not categorized on common lines of thinking / belong to the same school of thought?
Under the Mines and Minerals (Development and Regulation) Act, 1957 who has been given the power to amend the First Schedule and the Fourth Schedule so ...
Which of the following are ancient sources of Hindu Law?
A. Shruti
B. Smriti
C. Legislation
D. Precedent
________ means an interim or a final determination of any industrial dispute or of any question relating thereto by any labour court.
The Central Government specified ______________as the minimum amount of default for the matters relating to the pre-packaged insolvency resolution proce...
No prospectus shall be valid if it is issued ____________ after the date on which a copy thereof is delivered to the Registrar
