Income tax is a progressive tax, meaning that the tax rate increases as a person's income increases. In a progressive tax system, individuals with higher incomes are subject to higher tax rates, which is designed to distribute the tax burden more equitably based on one's ability to pay.
Why were the two halls in Rashtrapati Bhavan renamed by President Droupadi Murmu?
In the 11th Edition of TomTom Traffic Index, which of the following Cities is not one of the top 3 Cities?
5th edition of HUN- a Thadou Cultural Festival 2023, an annual cultural festival and a civilizing act of the Thadous community has been held. Where is t...
What is the primary focus of the Digital Advertisement Policy (DAP), 2023, according to the provided information?
Consider the following statements regarding the marginal cost of funds-based lending rate (MCLR):
1. The Reserve Bank of India introduced the MCL...
What type of license has the Reserve Bank of India (RBI) granted to Tata Payments?
Mt Everest height has been increased by ?
What unique feature characterizes the Indigenous Technology Cruise Missile ( ITCM) tested by DRDO?
Union Minister of State Dr Jitendra Singh launched India's first manned ocean mission Samudrayan at Chennai. What is the name of the deep-sea vehicle un...
The famed Gond painting has received the prestigious Geographical Indication (GI) tag. It is a traditional art form of which Indian state?