Millionaire Mode
Public Finance and Taxation
Question 1 of 26
In which of the following taxes, does the rate of tax decrease as the income of tax payer increases?
- Proportional Tax
- Regressive Tax
- Progressive Tax
- Digressive Tax
Prize Money
15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000