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Question
Assertion: GST is a kind of Proportional tax.
Reason: The tax rate remains same irrespective of the level of income of the people.
Options
Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
Assertion is true and Reason is false.
Both Assertion and Reason are false.
MCQ
Solution
Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
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Types of Taxes
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