The principle of maximum social advantage is concerned with
A) taxation
B) expenditure
C) public debt
D) both taxation and public expenditure
Correct Answer:
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Q14: The ability to pay principle of taxation
Q15: Which committee recommended tax on agriculture holding
Q16: With a regressive tax, as income
A)increases, tax
Q18: Justice in taxation is best ensured by
Q19: Agriculture income tax is a source of
Q20: Octrio is levies and collected by
A)centre
B)state government
C)local
Q21: The relationship between tax collections and tax
Q22: All taxes come under
A)capital receipt
B)revenue receipt
C)public debt
D)public
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