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प्रश्न
Explain the term proportional taxation.
संक्षेप में उत्तर
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उत्तर
- Under the proportional tax system, all incomes are taxed at a uniform rate.
- In other words, a proportional tax (also referred to as a flat tax) is one in which the rate of tax remains the same.
- Corporation tax is an example of proportional tax in India where the government charges a flat rate of 30% on the income earned by the companies.
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Role of State in Economic Development
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 10: Public Revenue - Exercise [पृष्ठ २१५]
संबंधित प्रश्न
Under ______ the rate of tax increases with rise in tax payer's income.
Identify the tax which is most likely to faster civic conciousness.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Which of the statement is true for income tax?
State the difference between income tax and expenditure tax.
To which tax is this shifting of tax burden relevant?
Define a tax.
Explain the term Incidence of a tax.
Explain the following with examples:
Progressive tax
Explain how indirect taxes can be made progressive.
