Multiple Choice
Justice in taxation is best ensured by applying the principle of
A) equal absolute sacrifice
B) equal proportional sacrifice
C) equal marginal sacrifice
D) quid pro quo
Correct Answer:

Verified
Correct Answer:
Verified
Q1: All taxes come under<br>A)capital receipt<br>B)revenue receipt<br>C)public debt<br>D)public
Q2: Agriculture income tax is a source of
Q3: If with the increase in income, the
Q5: The merit of zero-based budgeting is that<br>A)tax
Q6: With a regressive tax, as income<br>A)increases, tax
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