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प्रश्न
Define a degressive tax.
Define digressive taxation.
Explain the following with examples:
Digressive tax
उत्तर
- Under this system, the rate of tax increases upto a certain limit but after that a uniform rate is charged.
- Income tax in India is an example of digressive tax.
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संबंधित प्रश्न
The following table indicates:
Tax Base in ₹ | Rate of tax in % |
10,000 | 8 |
20,000 | 8 |
30,000 | 8 |
40,000 | 8 |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
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
Draw a neat labelled diagram for progressive taxation.
Define a tax.
Discuss four fiscal policy objectives with reference to India.
State the following:
Three demerits of an Indirect tax.
Citing reasons state the superiority of Progressive tax over regressive tax.