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In India _______ type of taxes are generally of no or little significance due to their very low revenue yield to government?
  • a)
    paper taxes
  • b)
    specific taxes
  • c)
    regressive taxes
  • d)
    indirect taxes
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
In India _______ type of taxes are generally of no or little significa...
Explanation:
Paper Taxes in India:
- Paper taxes are generally of no or little significance in India due to their very low revenue yield to the government.
- These taxes are imposed on documents like stamps, bills of exchange, promissory notes, etc.
- The revenue generated from paper taxes is minimal compared to other types of taxes in India.
Reasons for low significance:
- The revenue generated from paper taxes is very low as compared to other types of taxes like income tax, GST, etc.
- The compliance cost associated with paper taxes is high, leading to low revenue collection for the government.
- The overall contribution of paper taxes to the government's revenue is insignificant.
Government focus:
- Due to the low revenue yield of paper taxes, the government focuses more on other types of taxes that generate higher revenue.
- The government allocates resources and efforts towards taxes that have a significant impact on revenue collection.
Conclusion:
In India, paper taxes are generally of no or little significance due to their very low revenue yield to the government. The focus is more on taxes that have a higher impact on revenue generation and compliance.
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Community Answer
In India _______ type of taxes are generally of no or little significa...
Paper taxes are almost not available in India.
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In 1920, the congress, first at an extraordinary session held at Calcutta and later at the consistent session held at Nagpur under Gandhijis authority, embraced another program of battle against the administration. At the Nagpur session which was gone to by around 15,000 representatives, the congress constitution was revised and "the fulfillment of Swarajya by the general population of India by all real and quiet signifies" turned into the primary article of the constitution of the congress.Gandhis confidence in the British Government was staggered in the year 1920. He had foreseen no equity from it. He was against the Rowlatt Bills, which abridged even the base opportunity of each native. The Jallianwala Bagh slaughter and the consequent military law abuses and abominations on the individuals of Punjab blended the rage of the entire of India. Gandhi was amazingly furious about the happenings. The report of the Hunter Committee distributed in May 1920, and the civil arguments in the House of Lords securing and adulating Dyers direct at Amritsar blushed the Indian suppositions.Another real occasion, which had an imperative impact in propelling the Non-co-task development, was Khilafat issue. The Khilafat was a religious establishment of the Sunni Muslims. Gandhi and different pioneers of the Indian national development bolstered the Muslim request with respect to the Khilafat for different reasons.Therefore, it was high time to dispatch and enlist a challenge development on National premise against the British monstrosities. Under the initiative of Gandhi the movement made swift progress until the appalling occasion of Chauri Chaura occurred, which turned into the quick reason for the end of Non-co-activity development.The non-cooperation movement was started to address the shameful acts done to Punjab and Turkey, and the achievement of Swaraj. It is known as the non collaboration development as a result of the strategies embraced in this development. It started with the renunciation of privileged titles like Sir that Indians had gotten from the British government. Subramania Iyer and Rabindranath Tagore had effectively done as such.Gandhiji returned his Kaiser-I-Hind award in August 1920.Numerous others followed the example. Indians no longer considered getting titles from the British government a desirable action. This was followed by the blacklisting of governing bodies.A great many people declined to cast their votes when decisions to the councils were held. A great many understudies and educators left schools and universities.New instructive foundations like the Jamia Millia at Aligarh (later moved to Delhi) and Kashi Vidyapeeth at Benaras were established by patriots. Government workers surrendered their employments. Legal counselors boycotted law courts. Imported fabric was scorched in campfires. There were strikes and hartals everywhere throughout the nation. The development was an incredible achievement and government lash back could not stop it.Q. What was the intention behind the renunciation of titles and awards by Indians given to them by the British?

In India _______ type of taxes are generally of no or little significance due to their very low revenue yield to government?a)paper taxesb)specific taxesc)regressive taxesd)indirect taxesCorrect answer is option 'A'. Can you explain this answer?
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