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प्रश्न
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
विकल्प
Progressive taxation
Regressive taxation
Proportional taxation
Degressive taxation
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उत्तर
Proportional taxation
Explanation:
- The table shows a proportional tax system. In this system, the tax rate stays at 8% regardless how large the tax base is (₹ 10,000, ₹ 20,000, ₹ 30,000, or ₹ 40,000).
- In a balanced tax system, everyone pays the same amount of their income, no matter how much they make. In other words, the tax rate stays the same regardless of how much cash is made or how much tax is collected.
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संबंधित प्रश्न
Instruments of fiscal policy is:
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
The major objective of monetary policy is ______.
Which of the statement is true for income tax?
Distinguish between fiscal policy and monetary policy.
What is meant by shifting of tax burden?
State the four merits of a direct tax.
Explain how indirect taxes can be made progressive.
Citing reasons state the superiority of Progressive tax over regressive tax.
