Money that people have to pay to the government is called ____.

subsidy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

tax

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

discount

No worries! We‘ve got your back. Try BYJU‘S free classes today!

salary

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
tax

Tax is a compulsory contribution to the government which is charged by the government on its people.

We receive salary to spend it, we get discounts to shop and we gets a subsidy from someone/something who wants to help us financially by keep things a little low on price...

We all should pay taxes on time...

Suggest Corrections

Similar questions

The government of a country charges its people a part of their money to use for its development. What is this called?

Join BYJU'S Learning Program