Question
In which type of tax is the marginal tax rate higher
than the average tax rate?Solution
The highest dollar earned will fall into a higher tax bracket. This means that your marginal tax rate will likely be higher than your effective tax rate, which is the average rate you pay on all your income. This method of taxation is known as progressive taxation.
In which century was the Jama Masjid of Delhi constructed?
The day-to-day condition of the atmosphere at a place with respect to the temperature, humidity, rainfall, windspeed, etc., is called the ______________...
How is the sex ratio calculated in India?
Nirmala Mishra passed away on 31st July, she was a renowned______?
Which state now holds the highest number of GI tags in India as of April 2025?
Which Gharana is famous for Sitar players?
Lal Bahadur Shastri International Airport (Babatpur Airport) is located in which city of Uttar Pradesh?
Which country executed the first carbon credit trade under Article 6?
In the month of November, the TATA steel will be organizing TATA STEEL CHESS INDIA TOURNAMENT in which city of the country?
Indian Institute of Pulses Research is located in?