00:01
So while i think the question, let's for the move to the answers for the first one is progressive tax.
00:15
So it refers to the attacks in which that tax rate increases and uh taxable income increases, does burden storage on rich be more as compared to the poor? so here is the first one which is progressive tax.
01:18
Let's move to the second one is proportional tax.
01:35
So it refers when same tax rate is charged on each taxpayer, irrespective of their incomes that's rich and poor will be burden the same way.
02:35
So here is the differential of the second one.
02:37
Let's move to the third one, which is a regressive tax.
02:52
So it refers when high tax is red yes, charged on low income group which is poured and go down the grazing as the income increases.
03:50
This kind of tax increases the burden on poor as compared to the rich.
04:24
So here is all the three differences between the progressive tax proportional tax and regressive tax.
04:30
So here is the first one which is progressive tax...