Social Sciences, asked by revasharma72, 2 months ago

what do you understand by the term Tax? ​

Answers

Answered by shauryasaxena9108
1

Answer:

a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

Answered by radheshyam6441
2

Answer:

Taxation is the means by which a government or the taxing authority imposes or levies a tax on its citizens and business entities. From income tax to goods and services tax (GST), taxation applies to all levels.

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