What is home charges??
Answers
Answered by
97
Home Charges are the interests of India’s external debts and the payments of the salaries and pensions of British officials in India are what the Home Charges comprised of. The trade surplus was used to make these payments or the payments for the Home Charges.
Answered by
47
The homes charges can be defined as the charges or taxes that were used by the British officials or people who used to live in India during the British Rule.
EXPLANATION:
In simple words these taxes were the contribution of the Britishers to meet the various types of expanses for maintenance of the colony.
These taxes consist of pension payments and salaries of British people and interests earned on external debt of India. The Surpluses from the trade were used for making these payments.
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