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Tax system should be designed in such a way that the people automatically pay more tax revenue with increase in income ______. -

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Question

Tax system should be designed in such a way that the people automatically pay more tax revenue with increase in income ______.

Options

  • Canon of equity

  • Canon of elasticity

  • Canon of certainty

  • Canon of Economy

MCQ
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Solution

Tax system should be designed in such a way that the people automatically pay more tax revenue with increase in income Canon of elasticity.

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