Social Sciences, asked by shashank185, 11 months ago

tax on income tax on commodities which of the two effects the rich more and which of the effects for more explain with reasons

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Answered by rishisourav5
4
Hey Mate Here Is Your Answer

Tax - Tax is a small amount that is put on all the goods and thing.The tax is depends on the Mrp of a thing. Everyone pay tax when they buy anything.Tax are many type like VAT ,Sales Tax etc

Income Tax - It is also a type of tax but it is not put on any goods and things. It Is a type of tax where the people pay the same Fixed amount of there salary the person who's salary is very high they a good amount of tax and the person who's salary is very low then they don't have to pay income tax.

Rishikesh .
Answered by Anonymous
1

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