Question

what was the version of chanakya while collecting taxes by the king

Answer 1

Answer:

Chanakya believed that the state must promote the economic welfare and fully regulate economic activities. In this regard, he advised that the king must start his day by getting reports on three most important issues – defence, revenue and expenditures.

“Kosha Moolo Danda”, Chanakya wrote in first chapter of Arthashastra; this means ‘revenue is the backbone of administration’. This verse in the Devanagari script is also part of the official logo of the income tax department of India. Arthashastra, written in the ancient holy language of Sanskrit, is considered the first ever book on public finance, public administration and fiscal laws in human history.