Taxation on the income and resources of individuals or organization is known as:

Related MCQs

• Arranging one’s financial affairs within the law so as to minimize taxation liabilities is known as
• The 'Canons of Taxation' were propounded by -
• Which one of the following is not a 'canon of taxation' according to Adam Smith?
• Taxation is a tool of -
• The Ability Principle of Taxation is given by -
• Underground economic activity that is not declared for taxation purposes is called
• National income accounting is the study of the income and expenditure of the entire -
• Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases?
• Which one of the following is not included while estimating national income through income method?
• Which law of economics states that “with given preferences or tastes, the proportion of income spent on food diminishes as income increase”?