Explain Merits And Demerits Of Indirect Taxes. Tax Indirect tax: If impact of tax falls on one person and incidents on another, tax is called indirect tax... What Are Co-education Merits And Demerits? Education Essay in marit or Demarit in co educaion... What Is Merits And Demerits Of ...
A controversial issue in public finance is concerned with whether in tax structure of an economy direct or indirect taxes should be preferred. Indeed, both direct taxes and indirect taxes have their merits and demerits and therefore a good tax system should contain a proper mix of ...