Social Sciences, asked by hariKhan528, 1 year ago

Mention two merits of direct tax.

Answers

Answered by vinutty
2
 1) Direct taxes are also used to control the consumption and demand of a products. eg:- raising tax on Tobacco (cigarette)
2) Direct tax will help in stabilizing the inflation rate.eg:- gold import taximport by increasing the tax government will reduce trade deficits.
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