Business Studies, asked by gayatrinaruka2004, 6 months ago

what obligation does a businessman have towards to government????

Answers

Answered by vijayrakeshlaxmi

4

Answer:

The business pays taxes on goods produced by them, taxes on goods imported by them, taxes on own income and taxes on the incomes of the employees. The bulk of the tax revenue is collected from business. If business pays the taxes honestly and on time the government can fulfill its responsibilities efficiently.

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