Income tax is based on the principle of:
A) ability to pay
B) willingness to pay
C) benefits received
D) none of these
Correct Answer:
Verified
Q2: A pure private good is subject to:
A)non
Q3: Which of the following is not a
Q4: An increase in tax rate when tax
Q5: The main difference between Public and Private
Q6: The name of the Chairman of the
Q8: The Principle of Maximum Social Advantage is
Q9: Which is not the characteristic of a
Q10: Special assessment means:
A)general tax on all people
B)gift
Q11: Classical canons of taxation are propounded by:
A)adam
Q12: The Kelkar Proposals are concerned with:
A)recommendations for
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