Merits and Demerits of Direct Taxes
https://www.economicsdiscussion.net/taxes/direct-taxes/merits-and-demerits-of-direct-taxes/12798
https://www.economicsdiscussion.net/taxes/direct-taxes/merits-and-demerits-of-direct-taxes/12798
Economics Discussion
Merits and Demerits of Direct Taxes
Let us make an in-depth study of the merits and demerits of direct taxes.
(A) Merits:
1. Equity:
A direct tax is an equitable tax. Through it the rich can be made to pay more than the poor. In case of necessity, the poor people can be granted exemption…
(A) Merits:
1. Equity:
A direct tax is an equitable tax. Through it the rich can be made to pay more than the poor. In case of necessity, the poor people can be granted exemption…
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