General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 14)
14.

On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

Marginal benefit received
Total benefit received
Average benefit received
Ability to pay for the benefit
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
11 comments Page 1 of 2.

Ganesh Patare said:   1 decade ago
Please tel me about Ability to pay for the benefit means what?

Shitalkumar chougule said:   1 decade ago
Economics concept that those who have more resources (wealth), or earn higher incomes, should pay more taxes. The ability to pay taxes (such as income tax or tax on luxury goods) are used as means of income redistribution. Also called ability to pay tax

Ankit Rana said:   10 years ago
What is optimality bases?

Uma said:   9 years ago
Please explain the remaining options also.

Ajay said:   9 years ago
Please explain it in detail.

Aibor said:   8 years ago
How to achieve optimality bases?

Rv sidhu said:   7 years ago
Please explain all the options clearly.

Gouri said:   7 years ago
I am not getting, Explain it, please.

SALMAN said:   6 years ago
Explain the question.

Tanu said:   5 years ago
Ability to pay is an economic principle that states an amount of tax an individual pays should be dependent on the level of burden of tax will create relative to the wealth of the individual.


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