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What is a degressive tax? - Economics

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प्रश्न

What is a degressive tax? 

What is meant by digressive tax system?

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उत्तर

Under this system, the rate of tax increases slowly (slowly progressive) up to a certain point, and after that point, the tax is charged at a flat rate. Income tax in India is a digressive tax.

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Other Kinds of Taxes - Concept for Digressive Tax
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 10: Public Revenue - Exercise [पृष्ठ १७६]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 10 Public Revenue
Exercise | Q 22. (i) | पृष्ठ १७६
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 10 Public Revenue
QUESTION BANK | Q 10. (i) | पृष्ठ १७७

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What is meant by a degressive tax system?


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