The money a State Government receives from selling its shares in a public sector enterprise is a:
ARevenue receipt
BDisguised deficit
CFiscal deficit
DCapital receipt
ARevenue receipt
BDisguised deficit
CFiscal deficit
DCapital receipt
Related Questions:
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?