When expenditure exceeds total tax revenue, it is called:

Related MCQs

• Who suggested an expenditure tax as an alternative to income tax?
• There is a view that reduced rates on income tax would lead to a significant rise in income tax revenue. This view has been attributed to
• Who was the first to recommend the adoption of an expenditure tax for India?
• An increase in tax rate when tax base expands represents:
• The controlling authority of Government expenditure is:
• Public Expenditure increases
• Following are some of examples of Transfer Expenditure EXCEPT:
• The most important source of public revenue is
• The revenue of the State Government is raised from the following sources except one, which is that?
• The direct violation of Tax law is called: