Q. A tax levied at 5 percent on the first Rs. 10,000 of income, 10 percent on the next Rs 20,000and 12 percent on the next Rs 30,000 would be: (Solved)
1. progressive
2. degressive
3. regressive
4. proportional
- a. progressive
1. progressive
2. degressive
3. regressive
4. proportional