The tax levied by the union government on income of individuals is known as

Related MCQs

• If with the increase in income, the percentage of income collected as tax remains constant, tax will be called
• _________ is a broad based and a single comprehensive tax levied on goods and services consumed in an economy
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• Progressive Tax System is that system in which what happens in the rate of tax if there is an increase in income?
• What is the biggest source of Income for the Central Government in the Union Budget 2020-21?
• All type of income received to government is called .............. income.
• Which of the following is not the rate of tax slab in the Union Budget 2020-21?
• Tobin tax is a tax on
• The relationship between tax collections and tax rates has been expressed by
• A progressive income tax implies that