Tax is one of the most prominent sources of income of the Government. Government of India designs the strategies to reduce the tax evasion, but simultaneously provides multiple options to reduce the tax liabilities to the individuals and corporates. Comment on the tax savings investment options available with the individuals, and also explain the impact of tax savings investment options on the liquidity and marketability on individuals.
Tax is one of the most prominent sources of income of the Government. Government of India designs the strategies to reduce the tax evasion, but simultaneously provides multiple options to reduce the tax liabilities to the individuals and corporates. Comment on the tax savings investment options available with the individuals, and also explain the impact of tax savings investment options on the liquidity and marketability on individuals.
Chapter16: The Public Sector
Section16.4: Public Choice Theory
Problem 1YTE
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Tax is one of the most prominent sources of income of the Government. Government of India designs the strategies to reduce the tax evasion, but simultaneously provides multiple options to reduce the tax liabilities to the individuals and corporates. Comment on the tax savings investment options available with the individuals, and also explain the impact of tax savings investment options on the liquidity and marketability on individuals.
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