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Class B.Com. III Sem. (Taxation)
3. The Aim of Tax Collection is for Public Good 4. Restriction on production and use of harmful goods 5. Regulation of Import and Export MERITS AND DEMERITS OF DIRECT TAXES Merits of Direct Taxes 1. Equitable 2. Elastic 3. Civic Consciousness 4. Reduce Inequalities 5. Economy 6. Certainty 7. Absence o leakage
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