A progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer’s ability to pay. That means it takes a larger percentage from high-income earners than it does from low-income individuals. Well, tax rates are indeed very high in India. Illustration below shows who gets what from customer’s wallet. In 2018, as per estimates, almost 98% of cars were sold with a price tag (Ex-Showroom) of less