Advertisements
Advertisements
Question
Define progressive taxation.
Solution
Taxes in which the rate of tax increases, with the increase in tax base are called progressive taxes.
APPEARS IN
RELATED QUESTIONS
Explain the taxation types.
What is the aim motto of goods and services tax?
In India, almost all the direct taxes are collected by the ______.
______ is paid by the producer of goods who recovers it from wholesalers and retailers.
Excise tax in India ______ is levied by the Central Government.
______ is a kind of tax imposed on the sale, manufacturing, and usage of goods and services.
Explain the following
Swachh Bharat Cess
Explain how an increase in sales tax can cause an increase in price.
What is meant by incidence of taxation?
Assertion (A): Goods and Services Tax (GST) is an indirect tax.
Reason (R): The impact and the incidence of tax are on two different person.