the tax system thus helping create a neutral tax system. Physicians and all other medical professionals are liable to pay taxes, based on the amount that they earn, not based on profession, and this tax is equal to any other businessman or professional. Physicians and medical practitioners are required to pay professional tax, education taxes, development tax and all other taxes that any other professional pays. Vertical Equity Vertical Equity is the concept or idea of fairness in economics, refers…
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