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What kind of tax system is found in India?

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What kind of tax system is found in India?
posted Jan 16, 2018 by Sahana

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Degressive
There are three rates of income tax are applicable in India i.e. 5%, 10%, 20% and 30% which is progressive in nature initially but later on it become Proportional which is called degressive rate.

answer Jan 17, 2018 by Ritika Sharma
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