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Public Revenue — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsPublic Revenue2 Marks
Question
Give two advantages of indirect taxes.
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Answer

Merits of Indirect Taxes
(i) Indirect taxes are less inconvenient, as they are paid in small instalments instead of lump sum.
(ii) They are difficult to be evaded, because they are included in the price of the commodity.
(iii) They have wide coverage, as everybody gives something to the government.

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