redistribution

Regional imbalances and income inequalitiies in India: Steps taken by the Government to reduce it.

Regional Imbalances And Income Inequalitiies In India: Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, Health care facilities etc. Income inequality is the unequal distribution of … Read more

Progressive taxation

Progressive Taxation: A Fairer System or a Barrier to Growth? Progressive taxation, a cornerstone of many modern economies, is a system where individuals and corporations pay a higher percentage of their income in taxes as their income rises. This principle, often touted as a means to achieve social equity and redistribute wealth, has been a … Read more

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