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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
Which of these taxes is most likely to be progressive?
Which of the following taxes generate civic consciousness among people?
Define Indirect tax
Classify the following type of tax into direct and indirect taxes:
House tax
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Explain the term Impact of a tax.
Explain the term Incidence of a tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
