MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

IMF Loan and Conditons

Taxation help...

Question

Taxation helps in income redistribution

A

True

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

B

False

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

Open in App

Solution

The correct option is A True

Suggest Corrections

thumbs-up

0

Similar questions

Q. The taxation system helps the government fight the biggest problem of inequalities in income.

Q. Inflation helps in redistribution of income through ______________.

Q. As part of the Taxation Reforms in 1991, Corporate Income Tax Rates were reduced for _____________.

Q. Higher income and low taxation lead to higher rate of capital formation.

Q. In a proportional taxation system, the burden of tax is more on the people who have a high income.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Paradigm Shift

ECONOMICS

Watch in App

explore_more_icon

Explore more

IMF Loan and Conditons

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon