TYPES OF TAXES :- (A) Direct Tax :- A tax which is paid by a person on whom it is legally …
Read moreEconomists have propounded money principles regarding a good taxation system. Adam smith, the fat…
Read moreMEANING:- Taxation is the single biggest source of public revenue. This source of inc…
Read moreProf. Dalton and Prof. Pigou are the two prominent economics who formulates "The principle …
Read morePublic finance plays important role mainly in the following :- 1. Economic Gr…
Read moreMEANING :- The term 'Public Finance' refers to finances i.e. monetary resourc…
Read moreINSTRUMENT OF MONEY MARKET :- 1. T - Bills :- Treasury bills are short term notes issu…
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