Which of the following is a compulsory payment imposed on persons or companies by the government to meet the expenditure incurred on providing benefits to the people?

Tolls

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Postage

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Railway fares

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Tax

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Solution

The correct option is D
Tax

Tax is a compulsory payment imposed on persons or companies by the government to meet the expenditure incurred on providing benefits to the people. Refusal to pay taxes is subjected to legal action and punishment by the government.

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Similar questions

Q. Tax payments to the government do not provide any direct benefit to the tax payer.

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Which of the following is a compulsory payment imposed on persons or companies by the government to meet the expenditure incurred on providing benefits to the people?

The correct option is D Tax Tax is a compulsory payment imposed on persons or companies by the government to meet the expenditure incurred on providing benefits to the people. Refusal to pay taxes is subjected to legal action and punishment by the government.

The correct option is D
Tax

Tax is a compulsory payment imposed on persons or companies by the government to meet the expenditure incurred on providing benefits to the people. Refusal to pay taxes is subjected to legal action and punishment by the government.