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प्रश्न
Give one example of progressive tax.
Give an example of progressive tax.
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उत्तर १
An example of a progressive tax is income tax.
उत्तर २
In India, there is no tax up to an annual income of ₹ 2,50,000, but the rate of income tax increases with an increase in income. It is 10% on incomes between ₹ 2,50,001 and 5,00,000; 20% on incomes between ₹ 5,00,001 and 10,00,000; and 30% on incomes above ₹ 10,00,000.
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संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
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Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
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- House tax
- Sales tax
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How does the state fulfil the following socio-economic objective?
Environmental protection.
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Define the following term:
Fiscal deficit
