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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.

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Understand the meaning and definition of Capital gain in the context of stock market, trading, and investments.

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Understand the meaning and definition of Advance ruling in the context of stock market, trading, and investments.

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

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