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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. • The ethical base of this principle rests on the assumption that one rupee paid in taxes by a rich person represents less sacrifice than does the same rupee tax paid by a poor man and that fairness demands equal sacrifice by both rich and poor in support of government. • Example : Income tax- a progressive tax structure.
Three of the following four triads are alike in a certain way as they are formed by performing same mathematical operations among themselves and thus fo...
Find the odd one out
Find the odd one out of the choices given therein.
Find the one which does not belong to that group?
In each of the following questions, a group of four words / letters /numbers are given. Choose which is odd?
Four of the following five are somehow similar and therefore create a group. Which is not related to this group?
CF, IR, MZ, LX, DG
In the following question, select the odd pair of numbers from the given alternatives.
Identify the letter-cluster that does not belong to the following series.
MNF, RJI, WFL, BOB, GXR, LTU
Three of the four given words are alike in a certain way and thus form a group, which of the following words does not belong to the group?
Three of the following four options are alike in a certain way based on the Alphabetical series. Which one among the following doesn’t belong to the g...