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Laffer 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.
What is the default amount for initiating the CIRP as provided under the IBC?
In a Criminal proceeding against any person, husband and wife of such person are _____________
A is accused of burning down his house in order to obtain money for which it is insured. The facts that A lived in several houses successively, each of ...
Whether testimony of accomplice witness requires corroboration?
Sections 68 to 72 Of The Indian Contract Act, 1872 deals with________.
National Institute of MH & NS v. C. Parameshwara discusses the scope of :
The __________________ shall establish one or more Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction, powers and auth...
What is the punishment for mischief?
Which of the following is true about interest of unborn in transfer of property?
Can a dumb person be a witness?