Economics · Tax Reforms
A government introduces a tax reform where higher income groups are taxed at increasing rates while simplifying indirect taxes through GST. This reform primarily aims to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Increase administrative complexity
- 2Eliminate direct taxes
- 3Ensure equity and improve tax compliance✓
- 4Reduce fiscal deficit only
Correct answer
Ensure equity and improve tax compliance
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