In late 2010/early 2011, an expert group constituted by the Planning Commission, headed by Prof. Sukhadeo Thorat, recommended levying a 1% surcharge on income tax for individuals and corporations to help finance the implementation of the Right to Education Act, which aimed for universal access to elementary education.
The Planning Commission's expert panel has recently recommended surcharge on taxable income for the purpose of
Asked in UPPSC Upper Mains 2011 · Topic: Fiscal Policy & Revenue (Sources of Government Revenue: Tax and Non-Tax Revenue)
More Economic Development questions
- In the Union Budget 2005-06 the largest source of revenue was
- The Union Budget 2006-07 has increased the service tax from 10% to
- Which of the following taxes yielded maximum revenue to the centre during 2007-08?
- The voluntary disclosure scheme 1997 was launches by Finance minister with effect from:
- Excise duty is levied on which of the following ?
- Which of the following is not a tax ?
- The largest revenue in India obtained from:
- Land revenue is