Fines and penalties collected by the government are categorized under:
ATax revenue
BCapital receipts
CFiscal deficit
DNon-tax revenue
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Related Questions:
Revenue from the sale of government services, such as water supply and electricity, is often classified as:
Consider the following statements regarding the ‘Regressive taxation’:
I.Regressive taxation method has decreasing rates of tax for increasing value or volume on which the tax is being imposed.
II.For regressive taxation are not any permanent or specific sectors for such taxes.
III.The regressive taxation method while appreciated for rewarding the higher producers or income-earners is criticised for being more taxing on the poor and low-producers.
Which of the following statement(s) is/are correct?
Kerala's fiscal deficit target for 2025-26 is around:
Direct tax is called direct because it is collected directly from:
Buoyancy of a tax is defined as ?