Consider the following:
- Regressive taxation policy
- Lowering interest rates by RBI
- Increase in number of angel investors
- Widening of the tax base by government
Which of the above will help to boost the Start-up India programme?
A regressive tax is a tax that takes a larger percentage from low-income people than from high-income people. As the income rises, the tax rate decreases in regressive taxation. So, it will prove to be a hindrance to Start-up India programme. Widening of the tax base will reduce the revenue deficit and hence will help to boost Start-up initiatives.
This question is a part of GKToday's Integrated IAS General Studies Module