maximizes producers profit

equates consumers and producers surplus

maximizes consumer’s satisfaction

equates supply and demand

serve as a source of raising further capital

help in the further production of goods

directly go into the satisfaction of human wants

find multiple uses

Railways

Excise Duty

Sales Tax

Direct Taxes

Stamp Duty

Excise Duty

Income Tax

Gift Tax

Stamp Duty

Excise Duty

Sales Tax

Income Tax