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 2 of 2.

Tanu said:   6 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.


Post your comments here:

Your comments will be displayed after verification.