The movement from older level of expenditure and taxation to a new and higher level is called
A) concentration effect
B) inspection effect
C) displacement effect
D) none of these
Correct Answer:
Verified
Q7: Gift tax was introduced in the year
A)1958
B)1959
C)1960
D)1961
Q8: _ is a broad based and a
Q9: In India GST was introduced in the
Q10: _ is the first country to implement
Q11: In which year GST was first introduced
A)1952
B)1953
C)1954
D)1955
Q13: The diffusion theory was associated with the
Q14: The existence of economic inequalities among the
Q15: When expenditure exceeds total tax revenue, it
Q16: The Benefit Principle of taxation states that
Q17: The most accepted theory of taxation in
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