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प्रश्न
Define a degressive tax.
Define digressive taxation.
Explain the following with examples:
Digressive tax
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उत्तर
- Under this system, the rate of tax increases up upto a certain limit but after that, a uniform rate is charged.
- Income tax in India is an example of a digressive tax.
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संबंधित प्रश्न
The essential feature of a tax.
Fiscal policy means public expenditure and tax policy of the government.
Which of the statement is true for income tax?
Explain how indirect taxes can be inflationary.
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Draw a neat labelled diagram for progressive taxation.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Explain the significance of taxes.
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