TAX STRUCTURE IN INDIA

TAX STRUCTURE IN INDIA

In todays India three tier federal structure. The central government, state governments, and local municipal bodies make up this structure. Article 256 of the constitution states that “No tax shall be levied or collected except by the authority of law”. Hence, each and every tax that is collected needs to backed by an accompanying law.

Taxes in India are levied by the Central Government and the State Governments. Some minor taxes are also levied by the local authorities such as the Municipality and the Local Governments.

While direct taxes are levied on taxable income earned by individuals and corporate entities, the burden to deposit taxes is on the assessees themselves. On the other hand, indirect taxes are levied on the sale and provision of goods and services respectively and the burden to collect and deposit taxes is on the sellers instead of the assessees directly.

A. TAX COLLECTION BODY IN INDIA

CENTRAL GOVT.

STATE GOVT.

LOCAL BODIES:

property tax, water tax, other taxes on drainage and small services.

Comments

BEST SEO OPTIMIZED META TAG FOR YOUR BLOG / INCREASE YOUR BLOG RANK IN SEARCH ENGINE

"Meta tags are invisible tags that provide data about your page to search engines and website visitors. In short, they make it easier for search engines to determine what your content is about, and thus are vital for SEO." Hi, friends Wellcome to Subrata Tax Blog, here we will guide you that how to add the BEST META TAG for your BLOGSPOT BLOG that will make your blog fully SEO optimized and bring your blog in the front page of Google. We Already Covered How to get Quick Approval on Google Adsense Best guide to Add Download Button for Blogger Guide to Add Automatic Table of Contents for Blogspot The process to Create HTML Sitemap for Blogspot Table of Contents Definition - What are the META TAG ? Meta tags are snippets of text that describe a page’s content; the meta tags don’t appear on the page itself, but only in the page’s source code. Meta tags are essentially little content descriptors that help tell search engines what a...

Count Wisely a Akbar Birbal Story : Short Moral Stories for Kids

Hi, friends welcome to our new section of Inspirational Short and Moral Stories For Kids . Today's story is taken from the Akbar Birbal stories named " Count Wisely " We have a collection of some most popular short stories with moral values that you can read to your kids to make them happy and pleased. So, read this short kid's story carefully and share with your beloved if you found value on it and comment in below that which kind of story you would like to read on our site. Count Wisely One fine morning, king Akbar asked a question in his court that left everyone in the courtroom got puzzled. As they all tried to figure out the answer, Birbal comes in and asked what the matter was. They again repeated the question to him. The question was, “How many crows are there in the city?” Birbal went up to Akbar. He immediately smiled and answer, he said there were twenty-one thousand, five hundred and twenty-three crows in the city. Akbar su...

Step by Step guide to Get QUICK APPROVAL For GOOGLE ADSENSE for your blog or website - Part-2

Hi friends today is the 2nd part for our post PROCESS OF GETTING QUICK APPROVAL FROM GOOGLE ADSENSE for your blog or website , there is many video or post in you tube and internet , but those video or post are not enough to learn about the process of getting approval for adsense , So in this post we will give you easiest way to get adsense license approved for your blog or website. Welcome to the 2nd part to learn for getting approval for adsense. If you missed out our 1st part and wise to read that one then click the link - HOW TO GET QUICK APPROVAL FROM GOOGLE ADSENSE- 1ST PART HOW TO GET QUICK APPROVAL for GOOGLE ADSENSE- 2nd PART So Friends in this part we will briefly discuss about the most common reason for getting dis approval from GOOGLE ADSENSE. In 1st portion of the topic we see the three main reason that why Google will disapprove when adsense applying from a new account,- THREE REASON MOSTLY THAT ADSENSE DISAPPROVED YOUR BLOG FOR EAR...

Search This Blog