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.
What is the increased minimum capital requirement set by the Reserve Bank for small finance banks (SFBs)?
Pilot project of DigiYatra includes which of the following airports?
The Indian Navy's 'Op Sankalp' highlights its role in addressing what kind of challenges?
RBI’s MPC Committee has proposed some changes with respect to the Payments Infrastructure Development Fund (PIDF) scheme.The central bank is planning ...
Which institution was declared as a deemed university by the Ministry of Education?Â
Approximately how many monuments are estimated to be present in Karnataka according to the antiquities survey?
At which international pageant will Miss Universe India 2025 represent India, and in which country will it be held as per the report?
What was released during the 2nd ANTF Chiefs’ Conference in September 2025?
Which of the following can be identified as the major objectives of NITI Aayog?
1. Fostering cooperative federalism
2. Acting as a platfor...
Which company unveiled the Card Soundbox, a device that allows merchants to accept both mobile and card payments, including Visa, Mastercard, American E...
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