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Start learning 50% faster. Sign in nowLaffer curve explains the relationship between tax rate and tx revenue. According to the Laffer curve, at lower as well as higher rate of tax, the tax revenue is low. Tax revenue is high at the optimal rate of tax. Lower tax leads to lower tax collection. At higher rate of tax, there is high tax evasion and tax revenue is also low. At an optimal rate of tax, there is no tax evasion and so the tax revenue reaches the maximum.
Samir V Kamat is appointed as the chairman of ______ organization?
What is the maximum contribution of GoI towards stipend under National Apprenticeship Promotion Scheme. ?
____ state government has waived the loan of 14,000 crore rupees of almost 22 lakh farmers in the country?
Which type of climate is found in Uttar Pradesh?
State Bank of India (SBI) will be signing a_________ Line of Credit (LoC) from the World Bank to support grid-connected rooftop solar photovoltaic pro...
Who is appointed as the Ambassador of Japan to India?
India and which other country has signed a deal for the Palm Oil Council with Indian Vegetable Oil Producers’ Association(IVPA) to promote palm oil?
What was India's external debt at end March 2024?
Which of the following industries comes under the public sector?
Where are the headquarters of Razorpay?