Ideas of kautilya on tax system.
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Kautilya implicitly suggests a linear income tax. He emphasizes fairness, stability oftax structure, fiscal federalism, avoidance of heavy taxation, ensuring of tax compliance and subsidies to encourage capital formation.
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Findings - Kautilya implicitly suggests a linear income tax. He emphasizes fairness, stability of tax structure, fiscal federalism, avoidance of heavy taxation, ensuring of tax compliance and subsidies to encourage capital formation.
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