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प्रश्न
Define a degressive tax.
Define digressive taxation.
Explain the following with examples:
Digressive tax
एका वाक्यात उत्तर
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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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
Instruments of fiscal policy is:
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Which of the following taxes generate civic consciousness among people?
State two objectives of fiscal policy.
Define Indirect tax
Citing reason state the advantage of a progressive tax over proportional tax.
What is meant by shifting of tax burden?
To which tax is this shifting of tax burden relevant?
Classify the following type of tax into direct and indirect taxes:
Income tax
