Question
Which one of the following term is used when the tax
rate increase with increase in the level of income and vice versa?Solution
In a progressive tax system, the tax rate is designed to increase as the income level of an individual or entity increases. This means that individuals with higher incomes will pay a higher proportion of their income in taxes compared to those with lower incomes.
A ploughed field was discovered in-
Recently, the Government of India gave the approval to administer Remdesivir for emergency use in patients suffering from COVID-19. In this context, con...
Which of the following social and educational reforms was/were introduced by Akbar?
1. He completely prohibited the practice of sati throughout...
What was the first Grammar Book of Sanskrit?
Which British jurist is credited with formulating the concept of the 'Rule of Law'?
Who emerged victorious in the Battle of Chanderi in 1528 AD?
Consider the following statements about Mohammad bin Tughlaq:
1. He transferred his capital from Delhi to Deogir.
2. He set up a separate ...
Which of the following dynasties was not a part of the long-drawn tripartite struggle for the control over Kananuj during the 8th century A.D.?Â
Who got the throne after the death of Mughal emperor Aurangzeb?
Evaluate the historical significance of Samudragupta based on these statements:
(I) Samudragupta's military campaigns are elaborately described i...
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