NSE IPO - Apply Online, Check Issue Date, Price, Lot Size & Allotment Status

Apply for NSE IPO:

Skip to main content
Taxes

Vertical equity

The concept of tax equity posits that individuals with varying financial situations should be subject to different tax rates. In other words, those with higher income and capital should contribute a greater percentage of their earnings towards taxes. This principle aims to create a fair and just tax system that takes into account individual circumstances. It acknowledges the idea that those who have more resources should contribute more towards the functioning of society.

Related terms

Payroll tax

Understand the meaning and definition of Payroll tax in the context of stock market, trading, and investments.

MORE
Tax unit

Understand the meaning and definition of Tax unit in the context of stock market, trading, and investments.

MORE
Mortgage tax

Understand the meaning and definition of Mortgage tax in the context of stock market, trading, and investments.

MORE
Negative income tax

Understand the meaning and definition of Negative income tax in the context of stock market, trading, and investments.

MORE
Profits tax

Understand the meaning and definition of Profits tax in the context of stock market, trading, and investments.

MORE
Accounting basis

Understand the meaning and definition of Accounting basis in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91