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Investigating the Role of Taxation in Indian Economic Thought: A Challenge
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Which ancient Indian text extensively discusses the concept of taxation and its principles?
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A
Arthashastra
💡 Explanation:
The Arthashastra, attributed to Kautilya, is an ancient Indian treatise that extensively discusses the concept of taxation and its principles. It provides detailed guidelines on various aspects of taxation, including the types of taxes, tax rates, and the role of the state in tax collection.