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Banking Marketing Aptitude Taxation in India Question Bank Taxation in India

  • question_answer
      If the tax rate increases with the higher level of income it shall be called                                             [SSC S.O. 2006]

    A)  Proportional tax

    B)           Progressive tax

    C)        Lump sum tax  

    D)           Regressive tax 

    Correct Answer: B

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