Question

Which of the following tax is best example of
ability to pay principle of taxes? geta tenalmahe
म्हणजे करदयेय क्षमता तत्वाचे उत्तम उदाहरण आहे?
Options
O Sales tax प्रमाणित विक्की कर
Highway toll tar महामार्गावरील टोल
Personal income tax वैयक्तिक उत्पत्त कर
Excise tax on cigarettes अबकारी कर
Clear Response​

Answer 1

personal income tax ..as it is imposed on the basis of ability of tax payer to pay

Answer 2

The best example of the ability-to-pay principle of taxes is "Personal income tax". (option 3rd)

• Among the given options, the personal income tax shall be the correct answer, as it enables an individual with a higher income, to pay more tax than someone with a lower income.
• The principle of "Ability-to-pay" taxation holds that a person having a greater ability, say, their income and wealth is more, should pay more taxes than a person having a lesser ability.
• Thus, the correct answer is 'option 3rd', that is, "Personal income tax".

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