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प्रश्न
Citing reasons state the superiority of Progressive tax over regressive tax.
उत्तर
Progressive tax is better than regressive tax because under a progressive tax system high income earners pay more than low income earners. And under regressive taxation the tax rate deceases as the income levels increases. High tax is collected, from low income earners and low from high income groups.
APPEARS IN
संबंधित प्रश्न
The essential feature of a tax.
______ are those taxes which are paid by the same person on whom they have been imposed.
Instrument of monetary policy is:
Citing reason state the advantage of a progressive tax over proportional tax.
To which tax is this shifting of tax burden relevant?
State two drawbacks of direct taxes.
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
State the following:
Three demerits of an Indirect tax.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
