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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?
संबंधित प्रश्न
Which of the following is an advantage of direct taxes?
The state can promote economic development by ______.
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Which of the following taxes generate civic consciousness among people?
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
To which tax is this shifting of tax burden relevant?
Give an example of Indirect tax.
Give two reasons why the government imposes tax?
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Explain the term Impact of a tax.
