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Horizontal Equity: It is the notion that equally situated individuals should be taxed equally. More specifically, persons of equal income should pay identical amounts in taxes. But it is very difficult to apply the concept in practice. Vertical Equity : This means that unequals should be treated unequally. This concept is also known as ability-to-pay principle. It means the total tax burden will be distributed among individuals according to their capacity to bear it, taking into account all of the relevant personal characteristics.
Which of the following is NOT a method used for crop yield assessment under PMFBY?
Which of the following states have the Maximum cooperativesocieties?
To strengthen India’s fight against the disease, PM CARES Fund had been constituted. What does R stands for?
The goal of the Jal Jeevan Mission mission is to provide ______ of water per person per day to every rural household through Functional Household Tap C...
Consider the following Statements about Samagra Shiksha Abhiyan and choose the option with correct Statements.
(1) Samagra Shiksha Abhiyan was la...
The Ministry of Textiles has recently approved 4 Start-Ups under which scheme?
Which of the following is a primary objective of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?
Which of the following sectors is not part of the Industrial Index of Production ?
Which of the following Ministries are involved in Pradhan Mantri Krishi Sinchayee Yojana?
(I)- Ministry of Agriculture & Farmers’ Welfa...
Which of the following is not one of the beneficiaries of PMMSY?