About this document
When A Tax System Levies Taxes Based On A Taxpayer by KAKAN MALLICK is a document available to read on EtoBox.
The document compares flat and progressive tax systems, highlighting their unique characteristics and impacts on social equity and economic growth. A progressive tax system imposes higher rates on higher incomes to reduce income inequality, while a flat tax system applies a single rate to all, promoting simplicity and potential economic incentives. The study concludes that a progressive tax system is more suitable for India, as it addresses income disparity and enhances government revenue for public service
- Author
- KAKAN MALLICK
- Language
- EN