A progressive income tax implies that
A) the amount of tax falls with a rise in income
B) the rate of rises with a rise in income
C) both (a) and (b)
D) the rate of tax decreases with a rise in income
Correct Answer:
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Q2: A forward-shifted tax will affect
A)buyers more than
Q3: If with the increase in income, the
Q4: Repayment of public debt refers to
A)discharging duties
B)redemption
Q5: Which of the following canon of taxation
Q6: Tobin tax is a tax on
A)taxation in
Q7: In case of deficit budget, when the
Q8: Expenditure tax was introduced in India as
Q9: Wealth tax was abolished in
A)2011
B)2012
C)2014
D)2015
Q10: According to Wiseman and peacock, public expenditure
Q11: Canons of budgeting was given by
A)adam smith
B)h
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