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प्रश्न
Explain the Degressive taxes.
संक्षेप में उत्तर
उत्तर
Degressive taxes are those that do not increase in proportion to income growth. This approach allows for increases in tax rates up to a specified limit, after which a uniform rate is applied.
| Income | Rate of tax |
| 10,000 | 5% |
| 15,000 | 6% |
| 20,000 | 7% |
| 25,000 | 7% |
| 30,000 | 7% |
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