Multiple Choice
The ability to pay principle of taxation is logically most consistent with the normative notion of :
A) tax neutrality
B) horizontal equity
C) value - added taxation
D) vertical equality
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Which committee recommended tax on agriculture holding
Q8: Expenditure tax was introduced in India as
Q9: The concept of Zero-Based-Budget(ZBB) was given by<br>A)ra
Q10: Repayment of public debt refers to<br>A)discharging duties<br>B)redemption
Q11: Wealth tax was abolished in<br>A)2011<br>B)2012<br>C)2014<br>D)2015
Q13: Octrio is levies and collected by<br>A)centre<br>B)state government<br>C)local
Q14: A forward-shifted tax will affect<br>A)buyers more than
Q15: The relationship between tax collections and tax
Q16: Canons of budgeting was given by<br>A)adam smith<br>B)h
Q17: Which of the following canon of taxation