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Public Revenue — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsPublic Revenue2 Marks
Question
Briefly explain any two merits of direct taxes.
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Answer

Merits of Direct Taxes
(i) Direct taxes are determined according to the ability to pay.
(ii) They create civic consciousness among the people.
(iii) They are progressive in nature and hence are helpful in removing the inequalities of income in the country.

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