Advertisements
Advertisements
Questions
Define a degressive tax.
Define digressive taxation.
Explain the following with examples:
Digressive tax
Advertisements
Solution
- 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.
APPEARS IN
RELATED QUESTIONS
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 following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
House tax
Classify the following type of tax into direct and indirect taxes:
Sales tax
What are progressive taxes.
Give one example of progressive tax.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the term Incidence of a tax.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
