Question

Indian income tax is ?
1. progressive 2.Regressive 3.proportional 4 .indirect ​

Answer 1

Answer:

Yes. Progressive taxation is a system where the tax outgo of the people is disproportionately higher as their income rises. So if your income rises by 10%, your tax outgo may rise by 12%. This is achieved by the slab system of taxation.

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Answer 2

Indian Income Tax is Progressive Tax..

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