Maharashtra State PSC 2016 Solved Paper
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Question : 41 of 100
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Which of the following two statements is / are correct?
a. The Income Tax is based on the principle of 'ability to pay'.
b. High rates of Income Tax were an important reason for evasion thereof and rise of black money.
a. The Income Tax is based on the principle of 'ability to pay'.
b. High rates of Income Tax were an important reason for evasion thereof and rise of black money.
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