What is Tax ? Meaning and Definition ↓
The tax revenue is the most important source of public revenue. A tax is a compulsory payment levied by the government on individuals or companies to meet the expenditure which is required for public welfare.
Image Credits © Curious Spider.
According to Hugh Dalton, "a tax is a compulsory contribution imposed by a public authority, irrespective of the exact
Thursday, 2 December 2010
What is Tax ? Definition - Adam Smith's Canons of Taxation
Posted on 08:43 by Unknown
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment