Taxation plays a crucial role in the growth and development of an economy.
Here are some key aspects of the role of taxes in fostering economic growth: Revenue Generation: One of the primary functions of taxes is to generate revenue for the government. This revenue is used to fund public goods and services such as infrastructure, education, healthcare, and defense. Adequate revenue is essential for a government to …
Taxation plays a crucial role in the growth and development of an economy. Read More »