The movement from older level of expenditure and taxation to a new and higher level is called

Related MCQs

• The principle of public expenditure that requires that Government should avoid shortfall of revenue in comparison with its expenditure is termed as
• Which of the following canon of taxation is given by Adam Smith
• The ability to pay principle of taxation is logically most consistent with the normative notion of :
• Justice in taxation is best ensured by applying the principle of
• The objective of taxation by the Government are –
• The term incidence of taxation refers to .....
• Which one of the following is the most acceptable theory of taxation:
• The Benefit Principle of taxation states that tax should be paid in proportion to:
• The most accepted theory of taxation in modern times:
• In which of the following type of economy, the revenue from taxation is likely to be the least?