MPSC Rajyaseva 2016 GS Paper 1 — Question 41
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पुढील दोन विधानापैकी कोणते योग्य आहे ? Which of the following two statements is/are correct ?
(a)आय कर 'भरण्याची क्षमता' ह्या तत्त्वावर आकारला जातो. / The Income Tax is based on the principle of 'ability to pay'.
(b)आय कराचे अधिक दर तो न भरण्याचे एक प्रमुख कारण आहे आणि त्यामुळे काळा पैसा वाढतो. / High rates of Income Tax were an important reason for evasion thereof and rise of black money.
Income tax is a progressive tax levied based on the taxpayer's ability to pay, and excessively high tax rates historically incentivized tax evasion, thereby fueling the parallel economy of black money.
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