Taxation is important for an economy for raising fund for meeting the public expenditure.For a country like India ,we are usually adopting deficit budget,we have to find additional fund every year. Again it is an important tool for ensuring social equality.
The importance of the equi marginal utility is that it is used as a basis for the progressive taxation. The other importance is that it is used in the redistribution of income.
What is objective of business finance? Why finance is important for a business? purchase of asset income daily expenses taxation
taxation
In a charitable corporation, maximizing wealth may be counter to the organizations primary purpose. Consider Fred Hollows and his eye work in developing countries.
importance of trial balance importance of trial balance
The purpose of taxation in general is for the government to raise money.
A cadaster is a public record, survey, or map showing the extent, value, and ownership of land for taxation purposes. It is used to establish ownership rights and property boundaries within a specific area.
The importance of the equi marginal utility is that it is used as a basis for the progressive taxation. The other importance is that it is used in the redistribution of income.
There is a very clear difference between importance and purpose. Importance means the significance or value of something while purpose is the objective or goal that you intend to achieve.
It established an inventory used for the purpose of taxation.
revenue for government programs and operations
Income tax brackets enable the progressive taxation of income.
To raise money to pay for the runing costs of a country or locality.
To enable the progressive taxation of income
To enable the progressive taxation of income.
to pay for the debt from the war
It is rare to find someone who is supportive of taxation.The heavy taxation of sugar in their region led to a rebellion.