Question
Which of the following is not a canon of taxation as
stated by Adam Smith?Solution
Explanation: Adam Smith, in his work The Wealth of Nations, laid down four canons (principles) of taxation: 1. Equity – taxes should be fair. 2. Certainty – taxpayers should know how much and when to pay. 3. Convenience – tax should be collected in a manner convenient for the taxpayer. 4. Economy – the cost of tax collection should be minimal. While simplicity is desirable in a tax system, it is not one of Adam Smith's original canons .
There were spelling and grammar ……………, a pitiful ………….. of her ………….. schooling.
...- Select the most appropriate option to fill in the blank.
By the time we arrived at the station, the train ________. Fill in blank 65 with the most appropriate word.
Polarisation in not ____________________to our body politic alone; it is _______________into the vitals of our social fabric.
In …….. days of commercialization of medical profession, the likes of him were rare ……….
The explorer's journey through the dense jungle was fraught with _________ as he encountered various dangerous creatures.
It was after his death that the masterpiece _____________ by the poet got exposed to the world.
The chairperson expressed ______ , _____ the prevalence of child labour.
He talked on and on ______ .
The petitioner had __________ urgency in hearing as the petition ___________ issues affecting the fundamental rights, civil liberties of citizens and ev...
