Taxation - Jannatul Khusbu

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WELCOME TO MY PRESENTATION

INTRO

 Name : Jannatul Khusbu


 ID : 19300050
 Batch : 17th
Department of Business Administration
PRESENTATION ON TAXATION

 Table of contents
 Define Tax.
 The main objectives of Tax.
 Distinguish between Direct tax and Indirect tax.
 Conclusion.
DEFINE TAX
 Tax is a mandatory financial charge levied by governments on individuals, businesses, or other
entities, typically based on income, consumption, or property ownership.
 Revenue generated funds public services and infrastructure, while taxes also serve regulatory
and redistributive purposes within economies.
THE MAIN OBJECTIVES OF TAX
 The main objectives of taxation encompass revenue generation to fund government expenditures,
redistribution of wealth to promote social equity, and economic stability through fiscal policy.
 Taxation aims to ensure fairness and reduce economic inequality by implementing progressive tax
systems.
 Additionally, taxes serve to stabilize the economy by influencing aggregate demand and controlling
inflation. Through market regulation, taxation discourages negative externalities such as pollution.
 Overall, taxation serves as a multifaceted tool for achieving economic, social, and fiscal goals within a
country's governance framework.
DISTINGUISH BETWEEN DIRECT TAX AND INDIRECT TAX
CONCLUSION

 Taxation is a fundamental aspect of governance, providing


revenue for public services and redistributing wealth.
 It encompasses various types, including income, sales, and
property taxes, each serving distinct purposes.
 Effective taxation requires balance between generating revenue
and minimizing economic distortions while ensuring fairness and
accountability.

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