GENERAL KNOWLEDGE

GK

TAXES IN INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Government imposes taxes to?
A
check the accumulation of wealth among the rich
B
run the machinery of state
C
uplift weaker sections
D
none of these
Explanation: 

Detailed explanation-1: -Taxes are used by the government for carrying out various welfare schemes including employment programmes. There are Lakhs of employees in various departments and the administrative cost has to be borne by the Government.

Detailed explanation-2: -Taxes are used to run various programs and fund the government’s activities. Uplifting weaker sections does not depend on taxes but on the expenses made by the government. The imposition of taxes is not done to check the wealth accumulation among the rich but to generate revenue for the workings of the government.

Detailed explanation-3: -Taxes are levied by government Only government has right to impose and collect taxes in the country, no one other than government has this authority.

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