Professional Documents
Culture Documents
( CMS)
IILM Academy of Higher Learning
A PROJECT REPORT
ON
FISCAL POLICIES...
FISCAL POLICY...
Fiscal policy is defined as that part of Government
economic policy which deals with
• TAXATION
• GOVERNMENT EXPENDITURE
• BORROWINGS
• DEFICIT FINANCING & MANAGEMAENT OF
PUBLIC DEBTS of a Economy.
8)REDUCTION IN INEQUALITY OF
INCOME AND WEALTH It reduce inequality of
wealth and income. By the way of progressive income
tax, hiah rates of taxes on luxuries, wealth tax, etc..
govt mobilized resources from the rich class and has
utilized the same on the welfare schemes for poor
people.
2) AGRICULTURAL TAXATION.