Which tax system is characterized by an increasing tax rate as income rises initially, but remains constant at a fixed rate after a certain threshold?

Which of the following statements correctly represent structural issues in India's economic development? a. High dependence on agriculture with disguised unemployment persists. b. Low productivity in agriculture is a major growth bottleneck. c. Over-industrialization has depleted natural resources since independence. d. Infrastructure bottlenecks and poverty constrain overall growth. Choose the correct option:

The introduction of the Goods and Services Tax (GST) in India is widely recognized as a move towards strengthening: