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+1 vote
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in Tax and its Importance by (51.1k points)
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Fill in the blanks:

1. .......... principles or cannons of taxation still form the basis of the tax structure of a modern state

2. ............ could be one of the most deserving recipients of tax money 

3. ............. is a crucial component in the smooth running of country affairs.

4. Taxes generally contribute to the .......... of a country.

5. ............. constituted under the Central Board of Revenue Act, 1963.

6. ........... is particularly designed to replace the indirect taxes imposed on goods and services by the Central and State.

1 Answer

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by (50.0k points)
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Best answer

1. Adam Smith’s

2. Education

3. Governance 

4. gross domestic product 

5. Central Board of Direct Taxes 

6. GST

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