Social Sciences, asked by shashank185, 1 year 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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