With the Indian Economy sputtering, there is a growing demand for a cut in taxes. There is also a section clamouring in favour of boosting the demand and opposing the tax cuts. Evaluate the effects both the option could have on the economy. (15 Marks)

Mentor’s Comment:

  • In the intro briefly describe the phase the Indian economy is going through and decreasing growth rate
  • In the main body of the answer explain the benefit of each option and site some facts in favour of argument. Like tax cut only increases the spending power of a few who might not be interested in spending more. While government spending can put the money in the hands of people who are more eager to spend.
  • Explain the consequences of both the options.
  • In the concluding remark, lay more emphasis on the spending by the government instead of the tax cut which increases extra money with only those who pay taxes.
12 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Arpit Singh
Arpit Singh
2 years ago

3

15785566117133954762901138629692.jpg
15785566221908138010848364560617.jpg
Ram Lakhan
Ram Lakhan
2 years ago

3

Ram Lakhan
Ram Lakhan
2 years ago

MOJO0107D00W62346946

Akansha Singh
Akansha Singh
2 years ago

Payment id MOJO0108C00A53108865

15785851917041700251060.jpg
15785852619682021591716.jpg
hariom singh
hariom singh
2 years ago

payment id-MOJO9925Q00A88602377.

Abhi Shek
Abhi Shek
2 years ago
Deepanshu Gulyani
Deepanshu Gulyani
2 years ago

MOJO9c30X00D35455509

New Doc 2020-01-11 21.19.58_3.jpg
New Doc 2020-01-11 21.19.58_2.jpg
New Doc 2020-01-11 21.19.58_1.jpg