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CLASSIFICATION OF TAXES
Taxes can be classified on the basis of:
a. Impact of the taxes
It means on whom the tax is imposed. On the other hand, incidence of the tax refers to who had to bear the burden of the tax. In this case the taxes may be:
b. Rates of tax
The rate of tax is the percentage of the tax base to be taken in each situation. In this case the taxes may be:
Harrod Domar Theory A basic principle that has been stressed by both Harrod and Domar in their growth models and which has been incorporated in all modern growth theories is th
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Environmental issues factors This is governed by the below factors: The type of economic system of the country Business cycles Industrial policy of the countr
want assignment on Elasticity of Demand:
law of demand
Explain trend projection method of demand forecasting with illustration.
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