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What is Meant by a Degressive Tax System? - Economics

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प्रश्न

What is meant by a degressive tax system?

उत्तर

Degressive tax means the rate of tax which increases up to a certain limit after which a uniform rate is charged. This system is a mixture of proportional tax and progressive tax. The absolute amount of tax collection falls with an increase in income.

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Other Kinds of Taxes - Concept for Digressive Tax
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2015-2016 (March)

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What is a degressive tax? 


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