Jagran Josh Logo
You Search for :

direct and indirect taxes

History of Taxation in India

Tax is a mandatory liability for every citizen of the country. There are two types of tax in india i.e. direct and indirect. Taxation in India is rooted from the period of Manu Smriti and Arthasastra. Present Indian tax system is based on this ancient tax system which was based on the theory of maximum social welfare.

Recommended for : tax structure in india , direct taxes in india , indian tax system , india tax , tax system in india , direct tax , history of taxation India

Publish Date : Dec 6, 2016

भारत में कराधान: एक अवलोकन

भारत में कर प्रणाली के लिए एक अच्छी तरह से विकसित संरचना है। जो केन्द्र, राज्य सरकारों और स्थानीय निकायों के बीच स्पष्ट रूप से विभाजित है। केन्द्र सरकार व्यक्ति और संस्थाओं पर कुछ प्रत्यक्ष और अप्रत्यक्ष कर लगाती और वसूलती है। प्रत्यक्ष कर में व्यक्तिगत आयकर, संपत्ति कर और निगम कर शामिल है जबकि अप्रत्यक्ष कर में बिक्री कर, उत्पाद शुल्क, कस्टम ड्यूटी और सर्विस टैक्स (सेवा कर) शामिल है। वर्तमान में निगम कर, (कुल कर संग्रह का 19%) केंद्र सरकार की आय का सबसे बड़ा स्रोत है।

Recommended for : Taxation in India , Personal Income Tax , Wealth Tax , and Corporation Tax , indirect tax , Sales Tax , Excise Duty , Custom Duty and Service Tax , direct tax , Taxation System in India , types of taxes in India

Publish Date : May 9, 2016

Taxation in India: An Overview

India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Central Government levies some direct and indirect taxes on individual and commodities respectively. Direct taxes are, Personal Income Tax, Wealth Tax, and Corporation Tax while indirect tax includes; Sales Tax, Excise Duty, Custom Duty and Service Tax. Currently corporation tax (20% of total tax collection) is the biggest source of income of central government.

Recommended for : Taxation in India , Personal Income Tax , Wealth Tax , and Corporation Tax , indirect tax , Sales Tax , Excise Duty , Custom Duty and Service Tax , direct tax , Taxation System in India , types of taxes in India

Publish Date : Nov 25, 2015

Union Budget 2014-15: Tax Proposals

Union Budget 2014-15: Tax Proposals

Recommended for : Tax Proposals , Indirect taxes , Direct taxes , service tax

Publish Date : Jul 10, 2014

Union Budget 2012-13: Tax Proposals

Economy Current Affairs 2012. The tax proposals in the Union budget 2012-13 were guided by the need to move towards the Direct Tax Code(DTC) in the case of direct taxes and Goods & Services Tax (GST) in the case of indirect taxes

Recommended for : Union Budget 2012-13 , Annual Budget 2012-13 , Budget 2012-13 , Tax Proposals in Budget 2012-13

Publish Date : Mar 17, 2012

India’s Central Tax Collection reached Rs 7.92 lakh crore in 2010-11 exceeding Revised Estimates

Economy Current Affairs 2011. India’s central tax collection including both direct and indirect taxes reached about Rs 7.92 lakh crore in 2010-11

Recommended for : current affairs April 2011 , India’s central tax collection for 2010-11 , India’s GDP , income tax department paid Rs 72000 crore in refunds , direct and indirect taxes , government to fund development projects

Publish Date : Apr 18, 2011

REVENUE

The Department of Revenue exercises control in respect of revenue matters relating to direct and indirect Union taxes through two statutory boards, namely, Central Board of Direct Taxes and the Central Board of Excise and Customs. This Department is also entrusted with the administration and enforcement of controls and regulatory measures provided in the enactments concerning Central sales tax, stamp duties, gold control, foreign exchange and other relevant fiscal statutes.

Recommended for :

Publish Date : Dec 13, 2010
Newsletter Signup
Follow us on