answersLogoWhite

0


Best Answer

Indian tax is based on duties, A tax is a standard rate that is applied to material goods. A duty is applied to something, and must be paid, based on the estimated value of the item.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Difference between Indian tax and us tax?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between US xbox360 model and Indian xbox360 model?

The Appearance is a little different, but the only significant difference is the country it is made in.


How does a US annuity differ from a Swiss annuity?

The biggest difference between a US annuity and a Swiss annuity is that Swiss annuities are not subject to the usual tax and bankruptcy reporting requirements and can be used in offshore tax planning.


What is the difference between education in Algeria and the US?

what is the difference between education in Algeria and US


Is there a difference between US tax software and Canada tax software?

You will have to use Canadian tax software to prepare the taxes for you sister. You can purchase TurboTax to prepare Canadian taxes but it is a different edition than the one used in the United States.


What is the difference between North American and US?

What is the difference between North American and US?AnswerCanada.


What is the difference between Indian police department and American police dipartment?

Indian police is lazy whereas they are fast they are stronger than us police they are corrupt


Are tax breaks given to Indian immigrants who open a us business?

This is not true....check it out at snopes.com


What are some differences between US Insurance and Indian Insurance?

AnswerFollowing are some of the differences: 1 US insurance tax laws are governed by tax rules like TEFRA, DEFRA and TAMRA while Indian insurance tax laws are governed by IT section 80 CCC.2. In India there is only one regulatory body - IRDA while in US there are separate regulatory bodies for each State. Moreover, the NAIC, which is a body of individual state insurance regulators exists in the US.3. Family insurance is not available in India, while it is available in US insurance.


Does an Indian professional need form 16 in US?

No. Form 16 is only for income tax in India. For US it is a different document.


What is the difference between us and apes?

there is no huge difference between us and apes we both think alike and can do almost anything


What is the difference between sort of and kind of?

"Sort of" is used to indicate a small degree or extent, while "kind of" is used to suggest a category or type. For example, "I sort of like ice cream" implies a mild preference, whereas "I'm kind of hungry" suggests a general feeling of hunger.


What the different between US and Belgium?

The difference between the US and Belgium is the language spoken. People in Belgium speak French, while in the US they speak English.