PowerPoint Template Give Overview about Tax

Tax, all in all, is the inconvenience of money related charges upon an individual or an organization by the Government of India or their particular state or comparable other useful counterparts in a state. The calculation and burden of the taxes estimation most important in the nation are carried on by the Ministry of Finance's Department of Revenue.



There are various types of tax are-
    Direct tax
It is names so in light of the fact that it is directly paid to the Union Government of India. According to a study, the Republic of India has seen a reliable ascent in the accumulation of such taxes over a time of past years. The obvious development in these tax accumulations and additionally the rate of taxes mirrors a solid economic development of India.
•    Tax Incentives
•    Corporate Tax
•    Capital Gains Tax
•    Fringe Benefit Tax
•    Personal Income Tax
•    Securities Transaction Tax
•    Double Tax Avoidance Treaty
•    Banking Cash Transaction Tax

    Indirect Taxes
Instead of the direct taxes, such a tax in the country is for the most part imposed on some predefined administrations or some specific products. An indirect tax is not required on any specific association or a person.
•    Service Tax
•    Custom Duty
•    Excise Duty
•    Anti-Dumping Duty
•    Value Added Tax or V. A. T.

    Municipal or Local Taxes in India
•    Fuel Tax
•    Gift Tax
•    Sales Tax
•    Transfer Tax
•    Payroll Tax
•    Property Tax
•    Wealth Tax
•    Income Tax
•    Dividend Tax
•    Endowment Tax
•    Consumption Tax
•    Social Security Tax
•    S. E. T. or Self Employment Tax
•    Estate Tax of Inheritance Tax or Death Tax
•    Flat Tax, also known as Flat Rate Tax

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