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 .
What is the State's obligation regarding legal equality for individuals in the territory of India?
What is meant by "free consent" in contract law?
All sums realised by way of penalties under the PFRDA Act shall be credited to the______________
The provision for Anticipatory Bail has been provided under which of the following sections of Code of Criminal Procedure?
Which Section of the Indian Penal Code. 1860 deals with right to private defence of body and property?
Which of the following requires parental consent before processing?Â
A makes an attempt to steal some jewels by breaking open a box, and finds after so opening the box, that there is no jewel in it. He has________________...
The explanation to Section 23 defines “Community Service” as—Â
 Penalty for non- compliance of order of any of the Commissions is:
A criminal conspiracy is cooked among minimum ______ persons and is punishable under section _______ of the Indian Penal Code?
