Economy, asked by bhawnasachdeva5, 7 months ago

What are the limitations of taxation as an instrument of resource mobilization for the government​

Answers

Answered by mariajohnbosco8
0

Answer:

Limitations: But there are some limitations of raising resources through indirect taxes. First, they lead to cost-push inflation. The burden of indirect taxes is passed on to the consumers in the form of higher prices charged from them.

Explanation:

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