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Question
Draw a neat labelled diagram for progressive taxation.
Diagram
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Solution
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Role of State in Economic Development
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RELATED QUESTIONS
Which of the following is an advantage of direct taxes?
Instrument of monetary policy is:
The state can promote economic development by ______.
Define direct tax
Citing reason state the advantage of a direct tax over an indirect tax.
Classify the following type of tax into direct and indirect taxes:
Entertainment tax
Give an example of Indirect tax.
Explain the following with examples:
Progressive tax
Explain briefly two merits of indirect tax.
Explain how indirect taxes can be made progressive.
