SECTION-B NSWER ANY TWO QUESTIONS AT 3 MARK EACH. (2 x 3-6 Marks) 13. Mr Ali...

 

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SECTION-B NSWER ANY TWO QUESTIONS AT 3 MARK EACH. (2 x 3-6 Marks) 13. Mr Ali earns $55000 as a normal employee, and he is liable to pay 15% of tax out of his salary. If the tax rate increase to 20%, then what will be the additional tax revenue to the Government? If the salary of Mr Ali revised to $ 65000, then what will be the additional tax revenue to the Government? a. b. Calculate tax revenue using static and income effect utoration purpose and calculate the tax liability. Their tarable SECTION-B NSWER ANY TWO QUESTIONS AT 3 MARK EACH. (2 x 3-6 Marks) 13. Mr Ali earns $55000 as a normal employee, and he is liable to pay 15% of tax out of his salary. If the tax rate increase to 20%, then what will be the additional tax revenue to the Government? If the salary of Mr Ali revised to $ 65000, then what will be the additional tax revenue to the Government? a. b. Calculate tax revenue using static and income effect utoration purpose and calculate the tax liability. Their tarable

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a If the tax rate increase to 20 then what will be the additional tax revenue to the Government a... View the full answer