Tag: taxation
Business Economics
What is Taxable Capacity? Taxable capacity is a much debated concept. It refers to the maximum capacity that a country can contribute by the way of taxation both in …
Taxation
What is Single Point Tax? Single Point taxation means imposition of tax at only one point between the production and the sale of goods to ultimate consumers. The tax …
Taxation
Effects of Taxation on Distribution An important objective of taxation in most of the welfare states is to reduce the inequalities of income and wealth and to bring about …
Taxation
Effects of taxation on consumption A tax increases the price of the taxed good relative to the prices of untaxed or lower taxed goods. The increase in the relative …
Taxation
Taxation can influence the production of a nation by influencing four basic factors. They are as follows: Ability to work, save and invest. Willingness to work, save and invest. …
Taxation
Stages in the development of levy of tax The levy of tax has crossed over various stages to reach the present state. Prof. E.R.A. Seligman has listed out the …
Taxation
What is federal system? Where the government’s functions are divided between two sets of authorities i e. the Central Government, and the State Governments, it is called a federal …
Taxation
Steps taken by Government to deter Income Tax Evasion in India Government has introduced a number of measures to deter tax evasion in India. Such measures are briefly explained …
Taxation
Remedies or Measures to Curb Black Money in India The menace of ever raising black money in Indian economy is very high. It is a well known fact that …
Taxation
What are the effects of Black money? Black money is a socioeconomic evil. The existence of rapidly growing black money in our economy has grave and disastrous consequences. The …