- 20 Marks
FM – L2 – Q46 – Economic and regulatory environment
Explain the constitutional provision on taxation in Zamunda.
Question
GOVERNMENT SOURCES OF REVENUE
A critical task of government in public financial management is raising revenues for development as the success of government’s programmes and projects depends large on the availability of funds. The central government raises money from taxes, non-tax revenues and grants.
Required:
(a) Explain the Constitutional provision on Taxation.
(b) Explain FOUR objectives of taxation other than for revenue mobilisation.
(c) Explain FOUR sources of non-tax revenue for the government.
Find Related Questions by Tags, levels, etc.
- Tags: Consumer Behavior, Economic Management, Fiscal Policy, Taxation, Wealth Redistribution
- Level: Level 2
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