Which one of the following scenarios correctly represents a Degressive tax system?

1. Ruhi paid income tax in three consecutive years at the rate of 10% on her income of `10,000, 15% on her income of ` 20,000 and 15% on her income of `30,000.
2. Goods and Service tax on gold ornaments is 3% and 18% on fine dining in restaurants.
3. Roshan was promoted to the position of Senior Manager and received a raise in his income. But he continued paying 10% of his income as tax.
4. Suhana paid TDS at a higher rate on her increased interest income in the current year as compared to the previous year.

Board paper · 2025 · Oswaal Books (reproduction of CISCE board paper)