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Exemption from the entertainment tax is granted if the entire proceeds are devoted to1. postal savings2. shares in new industrial undertakings3. charitable purposes4. redemption of debtSelect the correct answer using the codes given below

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Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.


Exemption from the entertainment tax is granted if the entire proceeds are devoted to<br>1. postal savings<br>2. shares in new industrial undertakings<br>3. charitable purposes<br>4. redemption of debt<br>Select the correct answer using the codes given below






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