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प्रश्न
Define a degressive tax.
Define digressive taxation.
Explain the following with examples:
Digressive tax
व्याख्या
स्पष्ट करा
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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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Role of State in Economic Development
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संबंधित प्रश्न
The essential feature of a tax.
Instruments of fiscal policy is:
Instrument of monetary policy is:
Monetary policy means regulation of money supply by the monetary authority.
Wealth tax is an example of:
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Define direct tax
State the difference between income tax and expenditure tax.
Classify the following type of tax into direct and indirect taxes:
House tax
Citing reasons state the superiority of Progressive tax over regressive tax.
