Question

discuss the role of indirect taxation in developing economy​

Answer 1

Answer:

Indirect taxes are used to divert resources from less desired use to more desired one in developing countries.

Answer 2

Answer:

On an average, indirect taxes in these countries account for less than 40% of the total tax revenue. In developed countries, the purpose of indirect taxes is to catch the general public in the tax net In the less developed countries, however, indirect taxation constitutes the main stay of public revenue.